Debt Reduction and New Loans : A Contracting Perspective /
International debt contracts can incorporate-at least implicitly-contingencies governing debt reduction. This paper examines a series of debt contracts that allow for the possibility of rescheduling, forgiveness, and rescheduling with forgiveness. The contract with both rescheduling and forgiveness...
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Other Authors: | , |
Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1997
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Series: | IMF Working Papers ;
Working Paper No. 97/95 IMF eLibrary |
Subjects: |