01598cas a2200241 a 4500 AALejournalIMF010129 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451923193 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. An International Debt Facility? Washington, D.C. : International Monetary Fund, 1988. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A common proposal designed to deal with the developing countries' debt problem is that there be set up some kind of 'international debt facility' which would buy up debt at a discount and then write down its contractual value, hence providing debt relief. There are three main parties to the proposed transaction, namely the debtor governments, the creditor banks, and the owners of the facility. The paper analyzes the central question of how each of the parties would be affected and, specifically, to what extent there would be some redistribution between them as a result of the arrangement. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/016 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/016/001.1988.issue-016-en.xml IMF e-Library