2008年12月
A debt overhang model for low-income countries
IMF Staff Papers
- 巻
- 55
- 号
- 4
- 開始ページ
- 654
- 終了ページ
- 678
- 記述言語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1057/imfsp.2008.13
This paper presents a theoretical model to explain how debt overhang is generated in low-income countries and discusses its implications for aid design and debt relief. It finds that the extent of debt overhang and the effectiveness of debt relief depend on a recipient country's initial economic conditions and level of total factor productivity.
- リンク情報
- ID情報
-
- DOI : 10.1057/imfsp.2008.13
- ISSN : 1020-7635
- eISSN : 1564-5150
- SCOPUS ID : 56249141834