“Countries facing genuine debt distress require comprehensive restructuring focused on restoring solvency rather than managing marginal liabilities with conditional development.”

In a new article for OMFIF, BWC Member Udaibir Das discusses the viability of debt swaps as a form of financing for development needs.

To read more at OMFIF, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.