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...

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Bibliographic Details
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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