Debt Reduction and New Loans

Debt Reduction and New Loans
By:Mr. Aasim M. Husain,Mr. John A. Carlson,Jeffrey A. Zimmerman
Published on 1997-08-01 by International Monetary Fund

International debt contracts can incorporate—at least implicitly—contingencies governing debt reduction. This paper examines a series of debt contracts that allow for the possibility of rescheduling, forgiveness, and rescheduling with forgiveness. The contract with both rescheduling and forgiveness permits a higher credit ceiling than other types of debt contracts, and contains features found in the HIPC and other recent debt reduction initiatives. If an adverse state of nature occurs, some of the debt is forgiven, a portion is rescheduled, and the remainder is repaid. At the same time, the debtor country is a net recipient of new loans.

This Book was ranked at 41 by Google Books for keyword Loans.

Book ID of Debt Reduction and New Loans's Books is rVBG6jV2Pt8C, Book which was written byMr. Aasim M. Husain,Mr. John A. Carlson,Jeffrey A. Zimmermanhave ETAG "QUZ+NdbflRk"

Book which was published by International Monetary Fund since 1997-08-01 have ISBNs, ISBN 13 Code is 9781451897623 and ISBN 10 Code is 1451897626

Reading Mode in Text Status is false and Reading Mode in Image Status is true

Book which have "24 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by Raters and have average rate at ""

This eBook Maturity (Adult Book) status is NOT_MATURE

Book was written in en

eBook Version Availability Status at PDF is true and in ePub is false

Book Preview

Related Posts:

0 Response to "Debt Reduction and New Loans"

Post a Comment