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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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Koeda, Junko, 1976- (Author)
Corporate Author: International Monetary Fund. Finance Department
Format: Electronic eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006
Series:IMF working paper ; WP/06/224.
Subjects:
Local Note:ProQuest Ebook Central