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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Detalhes bibliográficos
Autor principal: Husain, Aasim
Outros Autores: Carlson, John, Zimmerman, Jeffrey
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1997.
Colecção:IMF Working Papers; Working Paper ; No. 1997/095
Acesso em linha:Full text available on IMF