Sovereign Debt Restructurings in Grenada

Causes, Processes, Outcomes, and Lessons Learned

Sovereign Debt Restructurings in Grenada
This paper documents the two debt restructurings that Grenada undertook in 2004–06 and 2013–15.Both restructurings emerged as a consequence of weak fiscal and debt situations, whichbecame unsustainable soon after external shocks hit the island economy. The two restructurings provided liquidity relief, with the second one involving a principal... READ MORE...

Publication date: July 2017
ISBN 9781484311035
$18.00

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