The Menu Approach to Developing Country External Debt
| Author | : Asl? Demirgüç-Kunt |
| Publisher | : World Bank Publications |
| Total Pages | : 39 |
| Release | : 1990 |
| ISBN-10 | : |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis The Menu Approach to Developing Country External Debt by : Asl? Demirgüç-Kunt
Download or read book The Menu Approach to Developing Country External Debt written by Asl? Demirgüç-Kunt and published by World Bank Publications. This book was released on 1990 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suppose that each creditor bank to a particular debtor country is confronted with a choice: each dollar of country debt held can be either rescheduled or sold at a given price. What choice will they make? Relatively strong banks will take advantage of a debt workout to exit from the debt. Relatively weak banks will relend.
