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Debt sustainability takes centre stage at Trade and Development Board
25 Sep 2015
Representatives of member States contributing to discussions at the sixty-second session of the Trade and Development Board praised UNCTAD's work on sovereign debt crises and the search for a new mechanism to deal with them.
United Nations lays down clear principles in tackling sovereign debt
29 Jul 2015
United Nations responds to sovereign debt crises by adopting principles, with UNCTAD support, that could underlie a new legal framework and regulatory mechanisms.
Sovereign Debt Workouts - Roadmap and Guide published by UNCTAD
28 Apr 2015
In an effort to help to resolve future sovereign debt crises of the sort that have tested governments from Iceland to Argentina to Greece since the global financial meltdown of 2008, UNCTAD has published a "roadmap" of steps that countries can take before and during debt restructuring.
Nobel economist Joseph Stiglitz backs UNCTAD's work on debt workouts
10 Apr 2015
A workshop on a multilateral legal framework for debt restructuring processes took place on March 31st 2015, at Columbia University in New York City.
Civil society experts make recommendations for a sovereign debt restructuring framework
6 Mar 2015
United Nations member States and experts from civil society, academia and the legal profession made recommendations on a framework for sovereign debt restructuring to the General Assembly in New York.
Legal framework for sovereign debt restructuring processes: a first step
25 Feb 2015
Member States, international organizations and financial institutions recently took part in the first working session of the United Nations Ad Hoc Committee on sovereign debt restructuring processes, organized by UNCTAD in New York.