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...
1. Verfasser: | |
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2006.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2006/224 |
Online Zugang: | Full text available on IMF |