efficient debt reduction is popular PDF and ePub book, written by Jeffrey Sachs in 1989, it is a fantastic choice for those who relish reading online the Debt equity conversion genre. Let's immerse ourselves in this engaging Debt equity conversion book by exploring the summary and details provided below. Remember, efficient debt reduction can be Read Online from any device for your convenience.
efficient debt reduction Book PDF Summary
Debt reduction poses collective action problems that cannot be efficiently handled in the framework of voluntary market-based approaches. Instead we need concerted debt restructuring, based on below-market interest rates -- perhaps linked with credit enhancement by official creditors -- to provide the most direct mechanism for efficient, equitable sharing of losses.
Detail Book of efficient debt reduction PDF
- Author : Jeffrey Sachs
- Release : 22 September 1989
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Debt equity conversion
- Total Page : 64 pages
- Language : English
- PDF File Size : 19,6 Mb
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