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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Dettagli Bibliografici
Autore principale: Koeda, Junko
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2006.
Serie:IMF Working Papers; Working Paper ; No. 2006/224
Accesso online:Full text available on IMF