The debt relief theory
DOI:
https://doi.org/10.24201/ee.v10i2.266Keywords:
economic crisis, external debt, developing countries, bargaining modelsAbstract
The LDC debt crisis has spurred a series of models which allow for the analysis of relief proposals. This paper studies some aspects of these models. Debt-buybacks, debt-equity swaps and the case for pure debt forgiveness are reviewed. Some bargaining models are also analyzed.
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References
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