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  • Patterns in debt servicing profile (anglais)

    The heavily indebted middle income countries have been participating in external debt restructuring episodes for a number of years. This paper examines the trends in the debt servicing profiles, both in...

    Type de document: Document de travail départemental Numéro du rapport: CPD8712 Date du document: 30 juin 1987 Mode de publication: Disclosed Auteur: Krumm,Kathie L.

  • The use of preshipment inspection services (PSIS) in adjustment lending (anglais)

    A number of developing countries now use the services of international firms providing preshipment and inspection services for a variety of purposes. The draft OMS 2.43 on "Procurement in SALs and other...

    Type de document: Document de travail départemental Numéro du rapport: CPD8710 Date du document: 30 juin 1987 Mode de publication: Disclosed Auteur: Suriyaarachchi,Para

  • The debt overhang : net present value considerations (anglais)

    Five years after the onset of the debt crisis, concern has arisen over the sustainability of the original financing strategy over the medium-term. One dimension of the problem that is being reexamined...

    Type de document: Document de travail départemental Numéro du rapport: CPD8713 Date du document: 30 juin 1987 Mode de publication: Disclosed Auteur: Krumm,Kathie L.

  • Present value analysis of commercial bank debt restructuring (anglais)

    Much of the theoretical and academic literature on LDC debt restructuring has concentrated on analyzing the problem from the lenders' perspective. This paper seeks to identify and analyze factors influencing...

    Type de document: Document de travail départemental Numéro du rapport: CPD8714 Date du document: 31 mai 1987 Mode de publication: Disclosed Auteur: Saunders, Anthony,Subrahmanyam, Marti

  • Structural adjustment in the franc zone : the case of Mali (anglais)

    Rapidly increasing foreign debt and expansionary monetary policies have led to an unsustainable macroeconomic situation in Mali. This paper analyzes Mali's macroeconomic policies, and its impact on the...

    Type de document: Document de travail départemental Numéro du rapport: CPD8711 Date du document: 31 mai 1987 Mode de publication: Disclosed Auteur: Dittus,Gerd-Peter

  • Adjustment in the Franc zone : focus on the real exchange rate (anglais)

    Analyses of the individual franc zone countries of sub-Saharan Africa generally indicate that the real exchange rate adjustment that has taken place to date is not sufficient to be consistant with healthy...

    Type de document: Document de travail départemental Numéro du rapport: CPD8707 Date du document: 30 avril 1987 Mode de publication: Disclosed Auteur: Krumm,Kathie L.

  • Trade policy in Venezuela (anglais)

    In February, 1983, Venezuela ended the convertibility of the Bolivar and implemented multiple exchange rates, exchange controls, and import licensing as a means to rationing foreign exchange and encouraging...

    Type de document: Document de travail départemental Numéro du rapport: CPD8708 Date du document: 30 avril 1987 Mode de publication: Disclosed Auteur: Fitzgerald,Bruce

  • Protective and revenue raising trade taxes : theory and application to India (anglais)

    This paper lays out an analytical framework which is general enough to encompass two prominent approaches to trade policy analysis in developing countries. These are (1) the Ramsey-Samuelson-Diamond-Mirrlees...

    Type de document: Document de travail départemental Numéro du rapport: CPD8704 Date du document: 31 mars 1987 Mode de publication: Disclosed Auteur: Mitra,Pradeep K.

  • The social costs of adjustment (anglais)

    The paper outlines the deterioration in economic and social conditions that has recently occurred in many developing countries and examines the connections of economic adjustment to programs. The concept...

    Type de document: Document de travail départemental Numéro du rapport: CPD8706 Date du document: 31 mars 1987 Mode de publication: Disclosed Auteur: Yukon Huang,Nicholas, Peter

  • Financial liberalization in Uruguay : success or failure (anglais)

    The recent developments of Argentina, Uruguay and Chile during the seventies, all of which pursued a liberalization of their markets, ended up in deep crashes during the early eighties. Mostly based on...

    Type de document: Document de travail départemental Numéro du rapport: CPD8701 Date du document: 28 février 1987 Mode de publication: Disclosed Auteur: Larrain,Felipe B.

  • Market-based debt-reduction schemes in Chile : a macroeconomic perspective (anglais)

    Chile's oversized external liabilities and the impossibility of generating a more sizeable trade surplus without imposing intolerable social costs have led to a search for alternative ways to reduce the...

    Type de document: Document de travail départemental Numéro du rapport: CPD8702 Date du document: 28 février 1987 Mode de publication: Disclosed Auteur: Larrain,Felipe B.

  • The Bank's analytical approach to socialist countries and economic reform (anglais)

    This is a first attempt at advancing some generalization about the Bank's analytical work on socialist economies. It is based on a very selective review of Bank work on socialist member countries, and...

    Type de document: Document de travail départemental Numéro du rapport: CPD5 Date du document: 1 janvier 1987 Mode de publication: Disclosed Auteur: Schrenk,Martin

  • The phasing of a trade liberalization policy : preliminary evidence (anglais)

    This paper is a preliminary report on a research project on "The Timing and Sequencing of a Trade Liberalization Policy," conducted by the CPD since the spring of 1984. While the superiority of free trade...

    Type de document: Document de travail départemental Numéro du rapport: CPD8642 Date du document: 31 décembre 1986 Mode de publication: Disclosed Auteur: Papageorgiou, Demetrius,Choksi, Armeane,Michaely

  • Managing commodity export booms : the case of coffee (anglais)

    This paper suggests a number of important policy issues for countries currently benefitting from the temporary coffee export boom. First and foremost among these policy concerns is the tendency of these...

    Type de document: Document de travail départemental Numéro du rapport: CPD8645 Date du document: 31 décembre 1986 Mode de publication: Disclosed Auteur: Cuddington,John T.

  • The Bank's approach to subsidies (anglais)

    This paper on the Bank's approach to subsidies is written primarily as an explanation for policy practitioners and as a contribution to the discussions of policy issues in the Bank's dialogue with its...

    Type de document: Document de travail départemental Numéro du rapport: CPD8644 Date du document: 30 novembre 1986 Mode de publication: Disclosed Auteur: Myers, Robert,Brondolo, John