“Win-win deal”: prospects and risks for Ukraine
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Date
2015
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Lviv Polytechnic Publishing House
Abstract
In the article the 20% debt haircut agreement was analyzed with possible threats and benefits being showed. It was emphasized that encouraging the bondholders to agree on restructuring terms, Ukraine took a step into incertitude. First and foremost it promised to pay holders a percentage of its
economic growth from 2021. Given the difficulty to make a proper forecast for Ukraine, it’s uncertain if the so called “win-win” deal will prove to bring economic stability and prosperity and the resources to pay off debt.
Description
Keywords
“win-win” deal, extension on repayments, debt restructuring, investment, forecast, economic growth, IMF, political situation, institutional quality, commodity prices, Global Competitiveness Index
Citation
Lynnyk O. “Win-win deal”: prospects and risks for Ukraine / Oleksandra Lynnyk // Litteris et Artibus : proceedings of the 5th International youth science forum, November 26–28, 2015, Lviv, Ukraine / Lviv Polytechnic National University. – Lviv : Lviv Polytechnic Publishing House, 2015. – P. 240–241. – Bibliography: 6 titles.