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...
| Müşterek Yazar: | |
|---|---|
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1988.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1988/072 |
| Online Erişim: | Full text available on IMF |