Policy Inconsistency and External Debt Service.
In this paper it is argued that the willingness of debtors to make external debt-service payments reflects, in part, their inability to credibly and permanently suspend debt service. The benefits of a credible debt-service suspension would include increased private investment. But this would, in tur...
Ente Autore: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1990.
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Serie: | IMF Working Papers; Working Paper ;
No. 1990/035 |
Soggetti: | |
Accesso online: | Full text available on IMF |