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'Idiot's Guide' to Sovereign Debt Restructuring

21 Pages Posted: 9 Feb 2004  

Steven L. Schwarcz

Duke University School of Law

Date Written: January 12, 2004


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.

Suggested Citation

Schwarcz, Steven L., 'Idiot's Guide' to Sovereign Debt Restructuring (January 12, 2004). Available at SSRN: or

Steven L. Schwarcz (Contact Author)

Duke University School of Law ( email )

210 Science Drive
Box 90362
Durham, NC 27708
United States
919-613-7060 (Phone)
919-613-7231 (Fax)

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