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This article introduces a monopolistically competitive model of foreign lending in which both explicit and implicit …
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This paper is a general discussion of debt conversions in heavily indebted developing countries. The paper first describes the three different types of transactions that are commonly called debt conversions. Next the paper discusses programs that have been established in Chile, Brazil, Mexico,...
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availability of bank credit. ; In many LDCs, the government fixes interest rates on bank deposits and loans. If rates on loanable …
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We introduce a monopolistically-competitive model of foreign lending in which both explicit and implicit fixed …
Persistent link: https://www.econbiz.de/10005078299