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...

Повний опис

Бібліографічні деталі
Автор: Husain, Aasim
Інші автори: Carlson, John, Zimmerman, Jeffrey
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1997.
Серія:IMF Working Papers; Working Paper ; No. 1997/095
Онлайн доступ:Full text available on IMF