Hofman, Bert.
Debt overhang, liquidity constraints and adjustment incentives.
- Paris : OECD, 1990.
- Technical papers; no. 32 .
Examines whether the drop in problem debtors' investment is due to a debt overhang rather than to the switch in net external transfer.
Debt.
Developing countries -- Investments -- Structural adjustment/.--Developing countries -- Investments -- Structural adjustment/.--Developing countries -- Investments -- Structural adjustment/.