| HOME PAGE | |
№ 2022/2
BUBLYK Yevhen Oleksandrovych 1, BRUS Svitlana Ivanivna2, SHPANEL-YUKHTA Oleksii Ihorovych3
1State Institution “Institute for Economics and Forecasting, NAS of Ukraine“
2Institute for Economics and Forecasting, NAS of Ukraine
3State Institution "Institute for Economics and Forecasting, NAS of Ukraine"
PROSPECTS AND OBSTACLES TO THE RESTRUCTURING OF UKRAINE’S EXTERNAL STATE OBLIGATIONS IN THE CONDITIONS OF WAR
| Economy and forecasting 2022; 2:5-24 | https://doi.org/10.15407/econforecast2022.02.005 |
ABSTRACT ▼
JEL: H63
| Article in English (pp. 5 - 24) | Download | Downloads :39 |
REFERENCES ▼
1. Stiglitz, Joseph E., Rashid, Hamid (2020, Jul. 31). How to Prevent the Looming Sovereign-Debt Crisis. Retrieved from www.project-syndicate.org/commentary/how-to-prevent-looming-debt-crisis-developing-countries-by-joseph-e-stiglitz-and-hamid-rashid-2020-07
2. Reinhart, Carmen M., and Rogoff, Kenneth S. (2010). Growth in a Time of Debt. American Economic Review, 100 (2): 573-78. doi.org/10.3386/w15639
3. Kose, M. A., Ohnsorge, F. L., Reinhart, C. M., & Rogoff, K. S. (2021, Sept.). The aftermath of debt surges. doi.org/10.3386/w29266
4. Roubini, Nouriel (2021, Jun. 30). The Looming Stagflationary Debt Crisis. Retrieved from www.project-syndicate.org/commentary/stagflation-debt-crisis-2020s-by-nouriel-roubini-2021-06?barrier=accesspaylog
5. Koziuk, V. (2012). The Optimal Level of Debt Burden: Global Macro-Financial Shifts and Transient Expectations. Finansy Ukrainy – Finances of Ukraine, 1, 78-93 [in Ukrainian].
6. Bohdan, T. (2020). Debt capital flows and the spread of shocks in an emerging market economy (the example of Ukraine). Zhurnal ievropejs'koi ekonomiky – Journal of European Economy, 19: 1, 123-150 [in Ukrainian].
7. Sidenko, V., Yurchishin, V., Markevich, K. (2015). Debts: a time to take and a time to give. Global trends and challenges for Ukraine. Analytical report. Kyiv: Zapovit [in Ukrainian].
8. Londar, S., Kuznietsov, K., Vereshchaka, I. (2016). The impact of the restructuring of external debt obligations to private creditors on the debt sustainability of Ukraine. Finansy Ukrainy – Finances of Ukraine, 1, 39-56 [in Ukrainian].
9. Pynzenyk, V. (2017). Public Debt Restructuring: Models for Assessing Payments for Value Recovery Instruments. Naukovi zapysky NaUKMA. Ekonomichni nauky – Scientific notes of NaUKMA. Economic sciences, 2: 1, 110-115. doi.org/10.18523/2519-4739212017119820 [in Ukrainian].
10. Lynina, I.O. (2020). Public Finance in Macroeconomic Growth Policy.Institute for economics and forecasting, NAS of Ukraine. Кyiv [in Ukrainian].
11. Help Ukraine, cancel its foreign debt (2022, March 10). Spil'ne – Common. Retrieved from commons.com.ua/uk/help-ukraine-cancel-its-foreign-debt/ [in Ukrainian].
12. World Bank (2022). Finance For An Equitable Recovery. World development report. Retrieved from www.worldbank.org/en/publication/wdr2022
13. Development strategies in a globalized world: Multilateral processes for managing sovereign external debt (2015). Note by the UNCTAD secretariat. Retrieved from unctad.org/system/files/official-document/tdb62d7_en.pdf
14. Greece and Spain saved post-war Germany. And what does she do with her saviors today? (2013). Retrieved from ipress.ua/mainmedia/gretsiya_ta_ispaniya_vryatuvaly_pislyavoiennu_nimechchynu_a_shcho_robyt_vona_zi_svoimy_ryativnykamy_sogodni_16365.html
15. Buckley, Ross P. (1997). The Facilitation of the Brady Plan: Emerging Markets Debt Trading From 1989 to 1993. Fordham International Law Journal. The Berkeley Electronic Press (bepress). Retrieved from ir.lawnet.fordham.edu/ilj
16. IMF (2021, March 23). Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative. Retrieved from www.imf.org/en/About/Factsheets/Sheets/2016/08/01/16/11/Debt-Relief-Under-the-Heavily-Indebted-Poor-Countries-Initiative
17. Deutsch Bank Market Research (2015, October 9). Analyst Reports: "Ukraine – Pricing the GDP Warrants", 16 September 2015; "Ukraine: Pricing GDP Warrants, Part II – Discounting the Cash Flows". Retrieved from www.weil.com/~/media/files/pdfs/2015/ukraine-sovereign-restructuring.pdf.
18. IMF (2020, November). The Role of State-Contingent Debt Instruments in Sovereign Debt Restructurings. Retrieved from www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2020/11/13/The-Role-of-State-Contingent-Debt-Instruments-in-Sovereign-Debt-Restructurings-49732
2. Reinhart, Carmen M., and Rogoff, Kenneth S. (2010). Growth in a Time of Debt. American Economic Review, 100 (2): 573-78. doi.org/10.3386/w15639
3. Kose, M. A., Ohnsorge, F. L., Reinhart, C. M., & Rogoff, K. S. (2021, Sept.). The aftermath of debt surges. doi.org/10.3386/w29266
4. Roubini, Nouriel (2021, Jun. 30). The Looming Stagflationary Debt Crisis. Retrieved from www.project-syndicate.org/commentary/stagflation-debt-crisis-2020s-by-nouriel-roubini-2021-06?barrier=accesspaylog
5. Koziuk, V. (2012). The Optimal Level of Debt Burden: Global Macro-Financial Shifts and Transient Expectations. Finansy Ukrainy – Finances of Ukraine, 1, 78-93 [in Ukrainian].
6. Bohdan, T. (2020). Debt capital flows and the spread of shocks in an emerging market economy (the example of Ukraine). Zhurnal ievropejs'koi ekonomiky – Journal of European Economy, 19: 1, 123-150 [in Ukrainian].
7. Sidenko, V., Yurchishin, V., Markevich, K. (2015). Debts: a time to take and a time to give. Global trends and challenges for Ukraine. Analytical report. Kyiv: Zapovit [in Ukrainian].
8. Londar, S., Kuznietsov, K., Vereshchaka, I. (2016). The impact of the restructuring of external debt obligations to private creditors on the debt sustainability of Ukraine. Finansy Ukrainy – Finances of Ukraine, 1, 39-56 [in Ukrainian].
9. Pynzenyk, V. (2017). Public Debt Restructuring: Models for Assessing Payments for Value Recovery Instruments. Naukovi zapysky NaUKMA. Ekonomichni nauky – Scientific notes of NaUKMA. Economic sciences, 2: 1, 110-115. doi.org/10.18523/2519-4739212017119820 [in Ukrainian].
10. Lynina, I.O. (2020). Public Finance in Macroeconomic Growth Policy.Institute for economics and forecasting, NAS of Ukraine. Кyiv [in Ukrainian].
11. Help Ukraine, cancel its foreign debt (2022, March 10). Spil'ne – Common. Retrieved from commons.com.ua/uk/help-ukraine-cancel-its-foreign-debt/ [in Ukrainian].
12. World Bank (2022). Finance For An Equitable Recovery. World development report. Retrieved from www.worldbank.org/en/publication/wdr2022
13. Development strategies in a globalized world: Multilateral processes for managing sovereign external debt (2015). Note by the UNCTAD secretariat. Retrieved from unctad.org/system/files/official-document/tdb62d7_en.pdf
14. Greece and Spain saved post-war Germany. And what does she do with her saviors today? (2013). Retrieved from ipress.ua/mainmedia/gretsiya_ta_ispaniya_vryatuvaly_pislyavoiennu_nimechchynu_a_shcho_robyt_vona_zi_svoimy_ryativnykamy_sogodni_16365.html
15. Buckley, Ross P. (1997). The Facilitation of the Brady Plan: Emerging Markets Debt Trading From 1989 to 1993. Fordham International Law Journal. The Berkeley Electronic Press (bepress). Retrieved from ir.lawnet.fordham.edu/ilj
16. IMF (2021, March 23). Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative. Retrieved from www.imf.org/en/About/Factsheets/Sheets/2016/08/01/16/11/Debt-Relief-Under-the-Heavily-Indebted-Poor-Countries-Initiative
17. Deutsch Bank Market Research (2015, October 9). Analyst Reports: "Ukraine – Pricing the GDP Warrants", 16 September 2015; "Ukraine: Pricing GDP Warrants, Part II – Discounting the Cash Flows". Retrieved from www.weil.com/~/media/files/pdfs/2015/ukraine-sovereign-restructuring.pdf.
18. IMF (2020, November). The Role of State-Contingent Debt Instruments in Sovereign Debt Restructurings. Retrieved from www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2020/11/13/The-Role-of-State-Contingent-Debt-Instruments-in-Sovereign-Debt-Restructurings-49732
© Institute for economics and forecasting 2024. All rights reserved
