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Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Description: This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.
Date: April 28, 2010
Creator: Hornbeck, J. F.
open access

Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Description: This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.
Date: June 17, 2010
Creator: Hornbeck, J. F.
open access

Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Description: This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.
Date: February 6, 2013
Creator: Hornbeck, J. F.
open access

Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Description: This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.
Date: February 17, 2010
Creator: Hornbeck, J. F.
open access

Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Description: This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.
Date: July 2, 2010
Creator: Hornbeck, J. F.
open access

Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Description: This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.
Date: April 25, 2013
Creator: Hornbeck, J. F.
open access

Argentina's Sovereign Debt Restructuring

Description: The U.S. Congress has held numerous hearings to evaluate the causes and ongoing repercussions of Argentina’s financial crisis. This report analyzes Argentina’s debt situation in support of this interest and will be updated periodically.
Date: October 19, 2004
Creator: Hornbeck, J. F.
open access

The Argentine Financial Crisis: A Chronology of Events

Description: Argentina’s current crisis resulted from a confluence of events, some external to Argentina’s policy process, others directly related to its political and economic choices. The following is a summary of these events from before Argentina’s adoption of the currency board in 1991 to developments in early 2002.
Date: January 31, 2002
Creator: Hornbeck, J. F.
open access

Brazilian Trade Policy and the United States

Description: As the largest and one of the most influential countries in Latin America, Brazil has emerged as a leading voice for developing countries in setting regional and multilateral trade agendas. Brazil is critical of U.S. trade policies such as the Byrd Amendment (repealed, but program in effect until October 1, 2007), which directs duties from trade remedy cases to affected industries, the administration of trade remedy rules, and what it considers to be discriminatory treatment in the U.S. expansi… more
Date: February 3, 2006
Creator: Hornbeck, J. F.
open access

Brazil's Economic Reform and the Global Financial Crisis

Description: Despite backing from the International Monetary Fund (IMF), capital flight from Brazil in 1998 prompted the government to jettison its pegged currency stabilization program and float the real on January 15, 1999, becoming another casualty of the volatile international capital markets. Brazil adjusted to its financial crisis faster than expected, which is considered over. This report provides a final summary of Brazil's financial crisis and related IMF assistance in support of Congressional inte… more
Date: June 9, 2000
Creator: Hornbeck, J. F.
open access

The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR)

Description: On August 5, 2004, the United States, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic signed the CAFTA-DR. Nearly one year later, it faced a contentious debate and close vote in both houses of the U.S. Congress. This report addresses the CAFTA-RA and issues within it.
Date: January 4, 2006
Creator: Hornbeck, J. F.
open access

The Dominican Republic-Central America- United States Free Trade Agreement (CAFTA DR): Developments in Trade and Investment

Description: On August 5, 2004, the United States entered into the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). CAFTA-DR reinforces the idea that growth in trade correlates closely with policies that promote economic stability, private investment in product… more
Date: April 23, 2012
Creator: Hornbeck, J. F.
open access

The Dominican Republic-Central America- United States Free Trade Agreement (CAFTADR): Developments in Trade and Investment

Description: On August 5, 2004, the United States entered into the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). CAFTA-DR reinforces the idea that growth in trade correlates closely with policies that promote economic stability, private investment in product… more
Date: April 9, 2012
Creator: Hornbeck, J. F.
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