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...

詳細記述

書誌詳細
団体著者: International Monetary Fund
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1990.
シリーズ:IMF Working Papers; Working Paper ; No. 1990/036
主題:
オンライン・アクセス:Full text available on IMF