Cover Image
Read Now

A Debt Overhang Model for Low-Income Countries Implications for Debt Relief

The paper presents a theoretical model to explain how debt overhang is generated in low-income countries and discusses its implications for debt relief. The paper indicates that the extent of debt overhang, and the effectiveness of debt relief, would depend on a recipient country's initial econ...

Full description

Bibliographic Details
Main Author: Koeda, Junko
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Working Papers
Subjects:
Depository Institutions
Wealth
Economics
Debt Relief
Banks
Finance
Industries: Financial Services
Saving
Debt Management
Micro Finance Institutions
Cost
Capital And Total Factor Productivity
Production
Industrial Productivity
Debt
Exports And Imports
Mortgages
International Lending And Debt Problems
International Economics
Total Factor Productivity
Debts, External
Sovereign Debt
Debt Burden
Loans
Consumption
Macroeconomics
Macroeconomics: Consumption
Capacity
Financial Risk Management
Production And Operations Management
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The paper presents a theoretical model to explain how debt overhang is generated in low-income countries and discusses its implications for debt relief. The paper indicates that the extent of debt overhang, and the effectiveness of debt relief, would depend on a recipient country's initial economic conditions and level of total factor productivity
Physical Description:22 pages
ISBN:9781451864847

Similar Items