Add to ORKGContrary o popular views, commercial banks have probably benefited from debt and debt service reduction operations. Debt and debt service reduction make sense to the borrowing country only if they will engender enough indirect benefits (such as increased domestic and foreign savings) to compensate for their heavy direct costs. Pe!lcy Research Working Papers dissewinate the findings of work in progress and encouwge the exchange of ideas among Bank staff and all others interesed in developmrentt issues. These papers, distributed by the Reseach AdvLory Staffcarry the names of th authors, reflect onlytheir views, and shouldbeused and cited accordingly.The findings, interpretations, and conclusionsarethe authors'own. Theyshould not be attri...
SUMMARY Anthony Toft's article explains the participation of the World Bank in debt management, and...
This paper investigates the impact on the wealth of bank share holders on the transfer of official r...
[[abstract]]In recent years, consuming finance has become one of the major profit sources of banks. ...
To restore growth in highly indebted countries, debt reduction alone is not as efficient as simultan...
Accumulation of reserves and debt-equity swaps can help a debtor country alleviate the distortionary...
When lenders participate voluntarily in a buyback of debt claims, both the price paid for repurchase...
The debt crisis of the 1930s illustrates the difficulty of global plans for resolving the debt crisi...
The reversal of net international capital flows since 1982 is attributable more to reduced inflows o...
Six years into the debt crisis, questions about the relevance of policy measures to alleviate the cr...
The menu approach to debt restruc.uring may benefit both the creditor banks and the debtor countries...
Abstract: Between 1989 and 2003, low-income countries received $100 billion in debt relief. The sta...
The debt crisis has been with us for a long time - since before 1982. The burden of adjustment is st...
The major theme of this paper is that the commercial banks have weathered the debt crisis, while man...
The report examines both statistically and analytically various aspects of commercial bank provision...
The stock maiket expects virtually all additional resources provided to debtor countries to be used ...
SUMMARY Anthony Toft's article explains the participation of the World Bank in debt management, and...
This paper investigates the impact on the wealth of bank share holders on the transfer of official r...
[[abstract]]In recent years, consuming finance has become one of the major profit sources of banks. ...
To restore growth in highly indebted countries, debt reduction alone is not as efficient as simultan...
Accumulation of reserves and debt-equity swaps can help a debtor country alleviate the distortionary...
When lenders participate voluntarily in a buyback of debt claims, both the price paid for repurchase...
The debt crisis of the 1930s illustrates the difficulty of global plans for resolving the debt crisi...
The reversal of net international capital flows since 1982 is attributable more to reduced inflows o...
Six years into the debt crisis, questions about the relevance of policy measures to alleviate the cr...
The menu approach to debt restruc.uring may benefit both the creditor banks and the debtor countries...
Abstract: Between 1989 and 2003, low-income countries received $100 billion in debt relief. The sta...
The debt crisis has been with us for a long time - since before 1982. The burden of adjustment is st...
The major theme of this paper is that the commercial banks have weathered the debt crisis, while man...
The report examines both statistically and analytically various aspects of commercial bank provision...
The stock maiket expects virtually all additional resources provided to debtor countries to be used ...
SUMMARY Anthony Toft's article explains the participation of the World Bank in debt management, and...
This paper investigates the impact on the wealth of bank share holders on the transfer of official r...
[[abstract]]In recent years, consuming finance has become one of the major profit sources of banks. ...