000			00810nam a2200121Ia 4500
005			20260716043320.0
100			_aALFORD, Alan
245			_aExamination of the price discount on the external debt of developing countries.
260			_c1993
520			_aPresents the results of a study which indicated that the market price of a debt is related to the existence of a moratorium on a country's debt repayment, to the level of interest rates, to the ratio of debt to GDP, to the ratio of arrears to external debt, and to the level of capital flight. The analysis, using two sub-groups of countries (South American and non-South American), emphasized those variables that denote a change in the confidence in future solvency, such as reschedulings and capital formation.
583			_c3/7/00 _kM2LMGR
942			_cA
999			_c44704 _d44704