01711cas a2200241 a 4500 AALejournalIMF010132 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451923506 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Debt/Equity Swaps. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (42 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 This paper describes the development of debt/equity swaps in the years following the emergence of the international debt crisis. It discusses some of the possible advantages and disadvantages offered by such swaps to three groups of participants--the commercial banks, the investing companies, and the indebted countries. It also provides an analysis of how these swaps are treated in the balance of payments accounts of an indebted country and discusses their possible effects on that country's money supply, foreign exchange rate and economic growth. The paper concludes that debt/equity swaps can help to make a country's debt burden more manageable and can contribute to economic growth, but only to a limited extent. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/015 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/015/001.1988.issue-015-en.xml IMF e-Library