Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.

Financial stability and financial risks

New Mechanisms for Restructuring Public Debt in Crisis Countries

A number of proposals for debt-restructuring mechanisms to be used in connection with debt crises in IMF member countries are reviewed. The IMF has proposed a special mechanism to increase private-sector involvement in resolving crises. So far, US resistance has prevented the introduction of this mechanism.