Debt Relief and Adjustment Incentives : A Theoretical Exploration.

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...

Detaylı Bibliyografya
Müşterek Yazar:	International Monetary Fund
Materyal Türü:	Dergi
Dil:	English
Baskı/Yayın Bilgisi:	Washington, D.C. : International Monetary Fund, 1988.
Seri Bilgileri:	IMF Working Papers; Working Paper ; No. 1988/036
Online Erişim:	Full text available on IMF

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