The current scenario of Argentine debt. Implications of the case with holdouts
DOI:
https://doi.org/10.55444/2451.7321.2014.v52.n1.14939Keywords:
fiscal policy, Argentina, debt restructuringAbstract
In recent months he has retaken public attention the issue of the holdouts (the Argentine bondholders who did not accept the debt restructuring proposed by the government in 2005 and 2010), following the ruling of Federal Judge in the District Court in the United States by the Southern District of New York, Thomas Griesa, in favor of a group of creditors of bonds that did not enter the last two restructurings District. In this framework in addition to analyzing the possible implications that this failure has on the private sector in Argentina, it is important to contextualize the problem of holdouts. To do this, then a description of the panorama of the Argentine debt is done, making a review of past, present, and future prospects.
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Copyright (c) 2014 Sofía Devalle
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