Distributional Aspects of Debt Adjustment
Ishac Diwan · Thierry Verdier
Jan 1991 · Policy, research, and external affairs working papers Book 657 · World Bank Publications
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Because external debt repayments have distributional implications in the debtor country, domestic politics affect the formulation of the debt strategy. And domestic opposition to heavy debt repayment can be a blessing for debt negotiators - who likely to get better deals with creditors as a result.
Because external debt repayments have distributional implications in the debtor country, domestic politics affect the formulation of the debt strategy. And domestic opposition to heavy debt repayment can be a blessing for debt negotiators - who likely to get better deals with creditors as a result.
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