The Economics Of International Debt Renegotiation
DOWNLOAD
Download The Economics Of International Debt Renegotiation PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Economics Of International Debt Renegotiation book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
The Economics Of International Debt Renegotiation
DOWNLOAD
Author : Boon-Chye Lee
language : en
Publisher: Routledge
Release Date : 2019-09-06
The Economics Of International Debt Renegotiation written by Boon-Chye Lee and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-06 with Political Science categories.
The author considers the risks that the failure of Third World economies pose for highly exposed banks, whose collapse would threaten domestic as well as international financial systems.
The Economics Of International Debt Renegotiation
DOWNLOAD
Author : Boon Chye Lee
language : en
Publisher:
Release Date : 1989
The Economics Of International Debt Renegotiation written by Boon Chye Lee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Debts, External categories.
One Reason Countries Pay Their Debts
DOWNLOAD
Author : Andrew Rose
language : en
Publisher:
Release Date : 2002
One Reason Countries Pay Their Debts written by Andrew Rose and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Debt relief categories.
This paper estimates the effect of sovereign debt renegotiation on international trade. Sovereign default may be associated with a subsequent decline in international trade either because creditors want to deter default by debtors, or because trade finance dries up after default. To estimate the effect, I use an empirical gravity model of bilateral trade and a large panel data set covering fifty years and over 200 trading partners. The model controls for a host of factors that influence bilateral trade flows, including the incidence of IMF programs. Using the dates of sovereign debt renegotiations conducted through the Paris Club as a proxy measure for sovereign default, I find that renegotiation is associated with an economically and statistically significant decline in bilateral trade between a debtor and its creditors. The decline in bilateral trade is approximately eight percent a year and persists for around fifteen years.
A Sequential Bargaining Model Of International Debt Renegotiation
DOWNLOAD
Author : Boon Chye Lee
language : en
Publisher:
Release Date : 1991
A Sequential Bargaining Model Of International Debt Renegotiation written by Boon Chye Lee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Debt relief categories.
Foreign Debts In The Present And A New International Economic Order
DOWNLOAD
Author : Detlev CHR. Dicke
language : en
Publisher: Routledge
Release Date : 2019-03-06
Foreign Debts In The Present And A New International Economic Order written by Detlev CHR. Dicke and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-06 with Political Science categories.
This book presents the step-by-step approach towards a more just and equitable International Economic Order, an equilibrium of interests based on understanding and experience in a rapidly changing world and discusses the problem of foreign debt in the present and a New International Economic Order.
Sovereign Debt
DOWNLOAD
Author : Vinod K. Aggarwal
language : en
Publisher: Chatham House (Formerly Riia)
Release Date : 2003
Sovereign Debt written by Vinod K. Aggarwal and has been published by Chatham House (Formerly Riia) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This work examines the ongoing debate on resolving sovereign debt defaults and alleviating the debt burden of heavily indebted poor countries. Concentrating primarily on the period from the 1982 and focusing on money owed to both the public and the private sector, the volume examines the origins of debt crises, rescheduling tactics, and efforts to create a more enduring solution to the problem of coping with debt, as well as its efficacy. Policy recommendations are put forward for dealing with the onerous problem of debt default and rescheduling.
Beneficial Delays In Debt Restructuring Negotiations
DOWNLOAD
Author : Ran Bi
language : en
Publisher: International Monetary Fund
Release Date : 2008
Beneficial Delays In Debt Restructuring Negotiations written by Ran Bi and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
Delays in debt restructuring negotiations are widely regarded as inefficient. This paper argues that delays can allow the economy to recover from a crisis, make more resources available for debt settlement, and enable the negotiating parties to enjoy a larger "cake". Within this context, therefore, delays may be "beneficial". This paper explores this idea by constructing a dynamic model of sovereign default in which debt renegotiation is modeled as a stochastic bargaining game based on Merlo and Wilson's (1995) framework. Quantitative analysis shows that this model can generate an average delay length comparable to that experienced by Argentina in its most recent debt restructuring.
Sovereign Bond Restructuring
DOWNLOAD
Author : Kenneth Kletzer
language : en
Publisher: International Monetary Fund
Release Date : 2003-06-01
Sovereign Bond Restructuring written by Kenneth Kletzer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-06-01 with Business & Economics categories.
This paper compares the restructuring of sovereign bonds with and without collective action clauses. One conclusion is that collective action clauses can allow efficient debt renegotiation in a formal model of sovereign debt renegotiation while unanimity rules offer incentives for opportunistic behavior by bondholders that leads to inefficient outcomes. With collective action clauses, the mutual gains from renegotiation can be internalized by bondholders so that the holders of each bond issue have incentives to participate in a collective debt restructuring. The analysis abstracts from transactions costs, and the last conclusion might well be sensitive to renegotiation and coordination costs.
International Debt
DOWNLOAD
Author : Constantine Stephanou
language : en
Publisher: Springer
Release Date : 2012-11-29
International Debt written by Constantine Stephanou and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-29 with Business & Economics categories.
Written by a group of international experts, this book focuses on three interdependent themes: (a) origins and consequences of the current debt crisis; (b) the systemic nature of the crisis; (c) national and international policy efforts to avoid a global collapse and bring about lasting reforms in the Euro zone and in the financial system.
International Debt Renegotiation Lessons From The Past
DOWNLOAD
Author : Albert C. Cizauskas
language : en
Publisher:
Release Date : 1979
International Debt Renegotiation Lessons From The Past written by Albert C. Cizauskas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Debts, External categories.