Debt Reduction and New Loans : A Contracting Perspective /
International debt contracts can incorporate-at least implicitly-contingencies governing debt reduction. This paper examines a series of debt contracts that allow for the possibility of rescheduling, forgiveness, and rescheduling with forgiveness. The contract with both rescheduling and forgiveness...
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Weitere Verfasser: | , |
Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1997.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1997/095 |
Online Zugang: | Full text available on IMF |