Critics attack IMF’s standstill proposal

Critics attack IMF’s standstill proposal

Headline: Critics attack IMF’s standstill proposal Source: EuromoneyDate: January 2002Author: James Smalhout Unrest in Argentina lent a new urgency to preventing disruptive sovereign debt work-outs. But few experts yet accept IMF first deputy managing director Anne Krueger’s idea for legal protection for sovereign debtors. Anne Krueger Anne Krueger, the IMF’s recently […]

Headline: Critics attack IMF’s standstill proposal
Source: Euromoney
Date: January 2002
Author: James Smalhout

Unrest in Argentina lent a new urgency to preventing disruptive sovereign debt work-outs. But few experts yet accept IMF first deputy managing director Anne Krueger’s idea for legal protection for sovereign debtors.







Anne Krueger

Anne Krueger, the IMF’s recently installed first deputy managing director, provoked consternation when she addressed the National Economists Club annual dinner in Washington in November. Krueger used the occasion to propose new protections for countries that halt payment on their outstanding debt.

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Critics attack IMF’s standstill proposal

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