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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Husain, Aasim
Weitere Verfasser: Carlson, John, Zimmerman, Jeffrey
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1997.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1997/095
Online Zugang:Full text available on IMF