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:
Macroeconomics: Consumption
Production And Operations Management
Production
Debt Relief
Debt Burden
Capacity
Financial Risk Management
International Lending And Debt Problems
Sovereign Debt
Industrial Productivity
Micro Finance Institutions
Economics
Capital And Total Factor Productivity
Macroeconomics
Cost
Wealth
Debt Management
Consumption
International Economics
Exports And Imports
Saving
Debts, External
Finance
Depository Institutions
Debt
Loans
Industries: Financial Services
Total Factor Productivity
Mortgages
Banks
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