01419cas a2200241 a 4500 AALejournalIMF010559 230101c9999 xx r poo 0 0eng d 15.00 USD 9781451947021 1020-7635 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. IMF Staff papers : Volume 35 No. 2. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (196 pages) IMF Staff 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 It has been argued that 'buy-backs' and 'debt-equity swaps' allow developing countries to benefit from market discounts on their external debt. It is argued here, however, that if such programs are expected to be successful in increasing the market value of remaining debt, they also lead to a roughly equivalent increase in prices at which a buy-back or debt-equity swap could be carried out. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No. 1988/002 Full text available on IMF http://elibrary.imf.org/view/journals/024/1988/002/024.1988.issue-002-en.xml IMF e-Library