Settimo, Riccardo; De Marchi, Raffaele - 2021
(MDBs) specialized in sovereign lending (IBRD, ADB, IADB, AfDB), based on available capital buffers and while maintaining … treatment’ (PCT) – could substantially erode this lending capacity, reducing it to $116-227 billion. Therefore, in the post …-pandemic period, it will be crucial to preserve the PCT of MDBs, also in the hypothetical case of debt restructuring episodes. Other …