Decentralization: The Latin American Experience

O'Neill, Kathleen

This note describes the key economic issues in private sector default and the differences between private sector debt and sovereign debt. It concludes with discussion of the key policy proposals.


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Initiative for Policy Dialogue
Initiative for Policy Dialogue
Initiative for Policy Dialogue Working Paper Series
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February 2, 2010


The opinions expressed in these papers represent those of the author(s) and not The Initiative for Policy Dialogue. These papers are unpublished and have not been peer reviewed. Please do not cite without explicit permission from the author(s).