A debt overhang model for low-income countries : implications for debt relief /
The paper presents a theoretical model to explain how debt overhang is generated in low-income countries and discusses its implications for debt relief. The paper indicates that the extent of debt overhang, and the effectiveness of debt relief, would depend on a recipient country's initial econ...
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Format: | Electronic eBook |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2006
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Series: | IMF working paper ;
WP/06/224. |
Subjects: | |
Local Note: | ProQuest Ebook Central |