This research paper on the restructuring of Russian sovereign debt was written under the aegis of the International Finance Seminar at Harvard Law School in 2004. The problem of excessive public debt is still prevalent in 2013, even developed countries such as the United States, Japan, and members of the European Union are experiencing severe hangovers after the financial crisis which showed the shortcomings of living in debt at the expense of future generations and creditors. Budget cuts and austerity steps have became household terms in many parts of the world. The experience of Russian...
This research paper on the restructuring of Russian sovereign debt was written under the aegis of the International Finance Seminar at Harvard Law Sch...