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This paper employs a dynamic bargaining-theoretic framework to analyze multilateral sovereign...

In this paper it is argued that the willingness of debtors to make external debt-service payments...

This note examines the efficiency gains that might result from market-based debt reduction and...

A common proposal designed to deal with the developing countries' debt problem is that there be...

The proposal to set up an international debt facility to buy the debt of developing countries at...

buy-backs of external debt financed by the debtor through asset sales generally result in...