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- W3123161744 abstract "International lending to a less-developed country cannot be based on the debtor's reputation for making repayments. That is, loans to LDCs will no be made or repaid unless foreign creditors have legal or other direct sanctions they can exercise agains a sovereign debtor who defaults. Even if some lending is feasible because of direct sanctions, having a reputation for repayment in no way enhances a small LDC's ability to borrow." @default.
- W3123161744 created "2021-02-01" @default.
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- W3123161744 date "1988-06-01" @default.
- W3123161744 modified "2023-10-06" @default.
- W3123161744 title "Sovereign Debt: Is To Forgive To Forget?" @default.
- W3123161744 doi "https://doi.org/10.3386/w2623" @default.
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