The paper analyzes the factors that contribute to the re-access of countries that emerge from a severe financial crisis to the international capital markets. It conjectures that these factors depend on a sovereign''s commitment and ability to repay its foreign debt, signaled by sound...

This paper takes a closer look at why safeguards are needed in bank resolution frameworks and how the principles included in a subset of the key attributes are expected to protect third party rights. Through a review of a set of issues encountered across a sample of 12 emerging and developing...