Showing 1 - 10 of 1,365
States the two factors affecting how much a creditor can recover to be: the size of the state; and how that estate is distributed. Considers the status of secured debts, costs of bankruptcy, preferred debts, distress, ordinary debts, deferred debts and specially deferred debts in order of...
Persistent link: https://www.econbiz.de/10014972251
debt can potentially have positive effects on growth, if the funds are employed to expand the productive capacity of the … nation. The paper aims to investigate whether debt can be used to finance growth. Design/methodology/approach – The paper … between the two variables. Findings – The results suggest that there exist a positive relationship between debt and economic …
Persistent link: https://www.econbiz.de/10014768767
Heavy debt burdens and corruption have not only had a debilitating effect on development but also undermined efforts at …. Therefore, in developing a “business plan” for Africa’s economic renascence, corruption and debt management and mismanagement … debt relief, this paper highlights the institutional processes that underlie the misallocation and misappropriation of …
Persistent link: https://www.econbiz.de/10014932383
significantly increased their external‐debt‐to‐GDP ratios. It seems natural to suspect that increased indebtedness and the amplified … cycles are linked. The paper presents a simple macroeconomic model to formalize this connection. External debt is the novelty …
Persistent link: https://www.econbiz.de/10014863004
poverty relief, but is unlikely to be granted because of non‐servicing of existing debt and governmental instability within …The total of foreign debt of less developed countries (LDCs) is so great that only a modest part of the interest and … the LDCs. Christian commentary on LDC debt is so often simplistic, condemning lenders and urging forgiveness of principal …
Persistent link: https://www.econbiz.de/10014806754
While global coordination is absolutely essential, success in achieving it may prove difficult because economic globalization has outpaced political globalization. If we are to succeed, we will have to manage coordination better than we have in the past.
Persistent link: https://www.econbiz.de/10015360092
Is the financial crisis over and could it happen again?We asked experts with diverse perspectives to address the key questions that concern the developing countries.
Persistent link: https://www.econbiz.de/10015360093
Unless developing countries embrace a corporate governance perspective, privatization is unlikely to provide the benefits of improved performance with accountability. This article introduces the concept of governance chains that can constrain the grabbing hands of public and private actors by...
Persistent link: https://www.econbiz.de/10015361026
The financial crisis creates unique opportunities for companies to reassess their strategies and identify innovative solutions, including creative partnerships that meet the needs of the poor.
Persistent link: https://www.econbiz.de/10015360090
/actual “poverty tours”, the article argues that while Antigua NGOs develop and host these poverty tours as a means of moving “hearts …
Persistent link: https://www.econbiz.de/10014624372