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Titlebook: International Finance and the Less Developed Countries; Kate Phylaktis (Lecturer in International Finance) Book 1990 Kate Phylaktis and Ma

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Voluntary Conversions of LDC Debt,LDC debt. We show that even without incentive effects on the debtor country, creditor banks will gain from debt-equity swaps, while the debtor country may or may not gain. In contrast, the debtor country will gain from exit-bond exchanges, while the banks may or may not gain.
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Introduction,erstanding of the development of financial structures, the effects of financial policies, especially those concerned with the liberalisation of the financial system, and of the problems encountered in financing economic growth from external sources.
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Inflation, Financial Liberalisation and Bankruptcies in Argentina,rol, the trade deficit was reduced and the fiscal deficit (although still high) also fell. However in the early 1980s Argentina, in common with Chile and Uruguay, which also implemented fairly similar programmes, was again in crisis, with all the main macroeconomic indicators worsening.
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Book 1990This volume considers issues on the management of foreign debt, and the macroeconomic policies that developing countries should pursue. It looks at a variety of the aspects of this subject, such as the scope of securitization and debt reduction via voluntary conversions.
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https://doi.org/10.1007/978-1-349-10379-9economic growth; growth; Inflation; international finance; macroeconomics; money
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978-1-349-10381-2Kate Phylaktis and Mahmood Pradhan 1990
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