Sachs, Jeffrey. <br/><br/>
Efficient debt reduction. 

 - Washington :  World Bank,  1989. 
<br/><br/> This paper contends that debt reduction poses collective action problems that cannot be efficiently handled in the framework of voluntary market-based approaches. 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Debt.<br/>Debt repayments -- Credit.--Debt repayments -- Credit.