Project Syndicate
April 25, 2023
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See citation below for complete author information.
James W. Harpel Professor of Capital Formation and Growth
Abstract
Even if they manage to convince their creditors to restructure their debts, commodity-exporting debtor countries are still vulnerable to sudden price fluctuations. Commodity bonds could help remove the most significant source of risk facing many debt-distressed countries in Africa, Latin America, and the Middle East.
Citation
Frankel, Jeffrey. "Debt Restructuring for Commodity Exporters." Project Syndicate, April 25, 2023.