A Debt Overhang Model for Low-Income Countries : Implications for Debt Relief /

The paper presents a theoretical model to explain how debt overhang is generated in low-income countries and discusses its implications for debt relief. The paper indicates that the extent of debt overhang, and the effectiveness of debt relief, would depend on a recipient country's initial econ...

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Autor principal: Koeda, Junko
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2006.
Col·lecció:IMF Working Papers; Working Paper ; No. 2006/224
Accés en línia:Full text available on IMF