This essay is organized around four basic questions about exchange offers and the prospects for their future: When are exchange offers used? Why do they work? How are they changing? How will they work even better in five years?
Galvis, Sergio J. and Saad, Angel L.
"Sovereign Exchange Offers in 2010,"
Chicago Journal of International Law:
1, Article 14.
Available at: https://chicagounbound.uchicago.edu/cjil/vol6/iss1/14