A Noteon Burden Sharing Among Creditors

A Noteon Burden Sharing Among Creditors
This paper presents a framework for evaluating the relative contributions of different creditors in cases where only partial payments can be made by the debtor country. A methodology is developed to calculate partial payments-or alternatively put-determine residual financing. By focusing on the relative seniority of creditors and expectations of... READ MORE...

Publication date: March 1992
ISBN 9781451921502
$15.00

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