1. Insuring and financing trade -- 2. Exporting goods to developing countries -- 3. Paris Club debt rescheduling and the HIPC initiative -- 4. The cyclical process : the IMF, debt rescheduling and export credits -- 5. Increasing trade during the crisis.

Acknowledgments -- Introduction -- Insuring and financing trade -- Exporting goods to developing countries -- Paris Club debt rescheduling and the hipc initiative -- The cyclical process: the IMF, debt rescheduling and export credits -- Increasing trade during the crisis -- Conclusion -- Index

We examine the impact of overdue debts in small villages in one of Hungary's most disadvantaged regions. We find that a significant number of debtors with overdue debts permanently escape from debt collectors. Accordingly, in our sample, overdue debts reduce the likelihood of declared work by 14...