Download or read book Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt written by Stijn Claessens and published by World Bank Publications. This book was released on with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt written by Stijn Claessens and published by . This book was released on 1992 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The market prices of developing countries' debts are imperfect indicators of the countries' payment capacity, for three reasons: the concave shape of the debbt's payoff structure, the presence of third- party guarantees, and the differences in the terms of various debt claims. This new model takes those factors into account.

Download or read book Deriving Developing Country Repayment Capacity from the Market Prices of Sovereign Debt written by Stijn Claessens and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sovereign Debt written by Mr.Vivek B. Arora and published by International Monetary Fund. This book was released on 1993-07 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys the literature on sovereign debt that deals with the issues of a country’s ability-to-pay, its willingness-to-pay, and the policy responses to the debt crisis of the 1980s. The existence of an ability-to-pay problem suggests a need for debt reduction, but plans for debt relief face potential incentive problems, and sovereign debt repurchases are not always a welfare maximizing method of debt restructuring. The paper synthesizes the main conclusions on these issues. With a willingness-to-pay problem, the potential penalties for debt repudiation are important in the endogenous determination of the repayment outcome. Penalties that are intertemporal in nature have different implications for debt repudiation than do intratemporal penalties. In addition, the asymmetric distribution of the costs of default can lead to a recurrent cycle of debt accumulation and default.

Download or read book Asian Bibliography written by and published by . This book was released on 1994 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Business and Finance Issues written by Alan N. Kendall and published by . This book was released on 2007 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalisation has forced international issues to a prime consideration of businesses at every level. Formerly arcane topics like exchange rates, risk and international taxation among dozens of other such issues are the focus of this book.

Download or read book Sovereign Debt Restructurings 1950 2010 written by Mr.Udaibir S. Das and published by International Monetary Fund. This book was released on 2012-08-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.

Download or read book Hospital Cost Functions for Developing Countries written by Adam Wagstaff and published by . This book was released on 1992 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical survey of the techniques available for analyzing hospital costs and a review of the few hospital cost- function studies undertaken for developing countries.

Download or read book World Bank Project financed Research on Population Health and Nutrition written by James Price Gittinger and published by World Bank Publications. This book was released on 1992 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Earnings and Education in Latin America written by George Psacharopoulos and published by World Bank Publications. This book was released on 1992 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Measuring the Incomes of Economies of the Former Soviet Union written by and published by World Bank Publications. This book was released on 1992 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Social Gains from Female Education written by K. Subbarao and published by World Bank Publications. This book was released on 1993-01-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Working Paper Series written by and published by . This book was released on 1994 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Working Paper written by and published by . This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Recent Private Capital Inflows to Developing Countries written by Michael Patrick Dooley and published by World Bank Publications. This book was released on 1994 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This empirical study finds that while debt reduction and policy reforms in debtor countries have been important determinants of renewed access to international capital markets, changes in international interest rates have been the dominant factor. We calculate the effects of changes in international interest rates for a 'typical' debtor country. We conclude that increases in interest rates associated with business cycle upturn in industrial countries could depress the secondary market prices of existing debt to levels inconsistent with continued capital inflows.

Download or read book Development of the Zimbabwe Family Planning Program written by Alex F. Zinanga and published by . This book was released on 1992 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: A serious national family planning effort began after independence in 1980. As a result, the contraceptive prevalence rate increased from about 14 percent in 1982 to 43 percent in 1988. But program efforts are now stalling.

Download or read book Contents of Recent Economics Journals written by and published by . This book was released on 1993 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: