The Brady Initiative has introduced official support for debt reduction. This new phase in the debt strategy requires a new set of tools to analyze debt deals and to study the impact of a deal on the debtor country. This paper discusses first the methodological issues involved in evaluating the different individual components of a debt deal, i.e., in a market-based context, and shows that the evaluation can be reduced to a tradeoff in two dimensions:...
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INFORMATION
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1990/05/31
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Document de travail de recherche sur les politiques
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WPS408
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1
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1
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2010/07/01
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Methodological issues in evaluating debt - reducing deals
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bond
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