The Anatomy of a Successful Debt Swap

Privatization and Development, S.H. Hanke, ed., San Francisco: Institute for Contemporary Studies Press, 1987

Posted: 30 Jan 2013 Last revised: 15 Mar 2013

See all articles by Steve H. Hanke

Steve H. Hanke

Johns Hopkins University - Department of Economics

Date Written: 1987

Abstract

Debt swaps have been endorsed by the Reagan Administration as part of the so-called Baker Plan, by various multi-national lending organizations, and are a means of reducing external debt and of stimulating the flow of capital to indebted nations. Since this flow of external capital can, among other things, provide a source of financing for newly privatized enterprises, debt swaps can play an important role in promoting privatization, particularly in countries where domestic savings rates are low.

Keywords: Steve Hanke, Anatomy, Successful Debt Swap, Privatization Development, Contemporary Studies

Suggested Citation

Hanke, Steve H., The Anatomy of a Successful Debt Swap (1987). Privatization and Development, S.H. Hanke, ed., San Francisco: Institute for Contemporary Studies Press, 1987. Available at SSRN: https://ssrn.com/abstract=2208681

Steve H. Hanke (Contact Author)

Johns Hopkins University - Department of Economics ( email )

3400 Charles Street
Baltimore, MD 21218-2685
United States
410-516-7183 (Phone)
410-516-8996 (Fax)

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