Debt Relief and Adjustment Incentives : A Theoretical Exploration.
The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of debt re...
| Autor Corporativo: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 1988/036 |
| Acesso em linha: | Full text available on IMF |