Developments in debt conversion programs and conversion activities

Toward the end of the 80s, after a rapid expansion in debt swaps in 1987 and 1988, some countries began suspending debt conversion programs in the face of concerns about the domestic liquidity implications of such operations, the lack of additionality of associated investments, and pricing. The rece...

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Bibliographic Details
Main Author: Sung, Woonki
Corporate Author: Banco Mundial
Other Authors: Troia, Rosaria
Format: Book
Published: Washington, D.C. World Bank 1992
Series:World Bank technical paper no. 170
Subjects: