University Of Zambia Online Public Access Catalogue
Deriving developing country repayment capacity from the market prices of sovereign debt.
By: Claessens, Stiza; Pennacchi, G.
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BookPublisher: Washington : World Bank, 1992Subject(s): Debt | Developing countries -- Market prices. -- Developing countries -- Market pricesSummary: The author argues that the market prices of developing countries' debt are imperfect indicators of the countries' payment capacity.
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The author argues that the market prices of developing countries' debt are imperfect indicators of the countries' payment capacity.
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