Debt Relief and Leveraged Buy-Outs
Analyses of debt relief that focus on the behavior of debtors and existing creditors understate the incentives for collective action by creditors. It is well known that debt relief could benefit existing creditors by providing incentives for domestic investment by residents of debtor countries. It i...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1988
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| Series: | IMF Working Papers; Working Paper ;
No. 1988/103 IMF eLibrary |
| Subjects: |