Multilateral Developing-Country Debt Rescheduling Negotiations : A Bargaining-Theoretic

A Bargaining-Theoretic

Nopic
This paper employs a dynamic bargaining-theoretic framework to analyze multilateral sovereign debt rescheduling negotiations. The analysis illustrates how various factors, such as the debtor's gains from trade and the level of world interest rates, affect the relative bargaining power of various parties to a rescheduling agreement. If... READ MORE...

Publication date: April 1988
ISBN 9781451978254
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