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Economic Interdependence and the International Implications of Supply-Side Policies

Economic Interdependence and the International Implications of Supply-Side Policies »

Source: Economic Interdependence and the International Implications of Supply-Side Policies

Volume/Issue: 1989/74

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 1989

ISBN: 9781451957860

Keywords: debt overhang, debtor country, foreign debt, debt relief, debt service

This paper evaluates the effect of foreign debt on investment in a heavily-indebted country, using numerical simulations of a simple rational expectations growth model. Two particular effects are distinguished. Fir...

Economic Interdependence and the International Implications of Supply-Side Policies

Economic Interdependence and the International Implications of Supply-Side Policies »

Volume/Issue: 1989/74

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 1989

DOI: http://dx.doi.org/10.5089/9781451957860.001

ISBN: 9781451957860

Keywords: debt overhang, debtor country, foreign debt, debt relief, debt service

This paper evaluates the effect of foreign debt on investment in a heavily-indebted country, using numerical simulations of a simple rational expectations growth model. Two particular effects are distinguished. Fir...