Sovereign Debt : A Survey of Some Theoretical and Policy Issues /
This paper surveys the literature on sovereign debt that deals with the issues of a country's ability-to-pay, its willingness-to-pay, and the policy responses to the debt crisis of the 1980s. The existence of an ability-to-pay problem suggests a need for debt reduction, but plans for debt relie...
| 1. Verfasser: | |
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| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1993.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1993/056 |
| Online Zugang: | Full text available on IMF |