Sovereign Debt : A Survey of Some Theoretical and Policy Issues /

This paper surveys the literature on sovereign debt that deals with the issues of a country's ability-to-pay, its willingness-to-pay, and the policy responses to the debt crisis of the 1980s. The existence of an ability-to-pay problem suggests a need for debt reduction, but plans for debt relie...

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Detalhes bibliográficos
Autor principal: Arora, Vivek
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1993.
coleção:IMF Working Papers; Working Paper ; No. 1993/056
Acesso em linha:Full text available on IMF