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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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2006/224 |
| Online adgang: | Full text available on IMF |