HKS Authors

See citation below for complete author information.

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.