Normal view MARC view ISBD view

Dealing with developing country debt in the 1990s.

By:

Rogoff, Kenneth

Material type: Text

TextPublication details: 1992Action note:

3/7/00 M2LMGR

Summary: Analyses the issue of whether a debt overhang dampens initiatives for investment and leads debtors to channel more resources than otherwise into consumption. Highlights the 1988 Bolivian debt buyback to show that market-based buybacks result in countries being forced to pay average debt prices to retire marginal debt. Considers whether the Brady Plan may have more to offer than more limited market-based schemes.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

No physical items for this record

Analyses the issue of whether a debt overhang dampens initiatives for investment and leads debtors to channel more resources than otherwise into consumption. Highlights the 1988 Bolivian debt buyback to show that market-based buybacks result in countries being forced to pay average debt prices to retire marginal debt. Considers whether the Brady Plan may have more to offer than more limited market-based schemes.

3/7/00 M2LMGR

There are no comments on this title.

to post a comment.