A Noteon Debt Reduction and Echonomic Efficiency.

This note examines the efficiency gains that might result from market-based debt reduction and alternative uses of resources. It is argued that when a country's expected output falls short of contractual claims on that output, private investment is drawn to activities that protect the investors...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1990.
Saila:IMF Working Papers; Working Paper ; No. 1990/036
Gaiak:
Sarrera elektronikoa:Full text available on IMF