Publication
2003
This paper focuses on the need for reform of the international financial architecture. Argentina, which has, according to the author, lost access to international financial markets, highlights this need. The paper suggests sovereign bond issues as a new financing instrument for developing countries and emerging markets and presents possible approaches for the restructuring of these instruments.
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German (PDF, 4 pages, 387 KB) English (PDF, 4 pages, 513 KB) |
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Author | Kathrin Berensmann |
Series | DIE Briefing Paper |
Issue | 4 |
Publisher | German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) |
Copyright | © 2003 German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) |