Is Dept Relief in the Interests of Creditors?

This paper considers a number of reasons-in addition to the 'incentives' argument-why debt relief could be to the advantage of creditors collectively. Principal reasons analyzed are based on the 'investment-capacity' and the 'default-forestalling' arguments. Debt relief...

وصف كامل

التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1988.
سلاسل:IMF Working Papers; Working Paper ; No. 1988/072
الوصول للمادة أونلاين:Full text available on IMF