Debt, debt relief, and growth : a bargaining approach
This report compares and identifies two ways that Governments can " up-front " the adjustment effort: accumulating reserves; and engaging in an equity swap. The authors compare these methods with a constant rescheduling agreement which assumes that no reserves can be accumulated and that t...
Main Author: | Cohen, Daniel |
---|---|
Corporate Author: | Banco Mundial |
Other Authors: | Verdier, Thierry |
Format: | Book |
Published: |
Washington, D.C.
World Bank
1991
|
Series: | Policy, research, and external affairs working papers
no. WPS 762 |
Subjects: |
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