'Idiot's Guide' to Sovereign Debt Restructuring

Abstract

This essay attempts to achieve the same goal for the complex and confusing topic of sovereign debt restructuring that the "Idiot's Guide" series of books achieve for their covered topics: to provide a systematic, accessible, and easy-to-grasp overview, so that readers can understand issues in context and go on to more advanced study. The essay also compares and contrasts public-law and private-law approaches to sovereign debt restructuring.