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Sensible debt buybacks for highly indebted countries.

By: Detragiache, Enrica.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1991Subject(s): Debt | Economic conditions -- Debt relief. -- Economic conditions -- Debt reliefSummary: This paper is concerned with trying to determine if and under what circumstances debt buybacks at the fair price can be welfare-improving.
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This paper is concerned with trying to determine if and under what circumstances debt buybacks at the fair price can be welfare-improving.

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