IMF Staff papers : Volume 35 No. 3.
The proposal to set up an international debt facility to buy the debt of developing countries at a discount and then mark down its contractual value is analyzed. The paper considers the central question of how the debtor countries, creditor banks, and owners of the facility would be affected; in par...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No 1988/003 |
| Online Access: | Full text available on IMF |