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Sovereign debt buy backs as a signal of creditworthiness.

By: Achaya, Sankashan; Diwan, Ishac.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1989Subject(s): Debt | Credit policy -- Debt repayments. -- Credit policy -- Debt repaymentsSummary: Argues that in a signaling equilibrium countries that buy debt back get debt relief.
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Argues that in a signaling equilibrium countries that buy debt back get debt relief.

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