Trade Dependency, Bargaining and External Debt.
This paper analyzes the factors determining the payment on outstanding debt in the presence of partial defaults, and the feasibility of renewed investment. We show that a higher relative size of sectors with lower substitutability between domestic and foreign products will increase the resource tran...
| Collectivité auteur: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1988/090 |
| Sujets: | |
| Accès en ligne: | Full text available on IMF |