Debt Overhang, Debt Reduction and Investment : The Case of the Philippines.
While there is a substantial body of literature on the effects of 'debt overhang' on investment in heavily-indebted countries, there is surprisingly little empirical work available on this subject. This paper tests the hypothesis that the stock of foreign debt acts as a disincentive to pri...
| Müşterek Yazar: | |
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1990/077 |
| Online Erişim: | Full text available on IMF |