Debt-for-Development Exchanges: The Origins of a Financial Technique
Law & Development Review, Vol. 2, 2009
24 Pages Posted: 17 Jun 2009
Date Written: June 5, 2009
Debt-for-development exchanges grew out of debt-equity exchanges and now include debt-for-nature, debt-for-education and debt2health exchanges, among other variants. The history of the evolution of this idea sheds considerable light upon the technique and allows a more nuanced appreciation of it.
Keywords: Law and Economics, Debt-for-development
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