01378nam a2200145Ia 450000500170000000800410001702000180005808200140007624500650009026000480015530000310020350000510023452008820028565000650116720250117103848.0250117s9999    xx            000 0 und d  a9781107610538  a338.91BUC 0aDebt-for-development exchangesbhistory and new applications  aCambridgebCambridge University Pressc2011  axv, 325 p. : ill. ; 24 cm.  aIncludes bibliographical references and index.  aDebt-for-development exchanges are an important financing tool for development. They make debt relief more politically and practically attractive to donor countries, and serve the development of recipient countries through the cancellation of external debt and the funding of important development projects. This book commences by chronicling the emergence of debt-for-development exchanges from their forebears, debt-equity exchanges, and analyzes why debt for development suffers from very few of the problems that plagued debt equity. The book analyzes the different types of debt-for-development exchanges and the different ways they have been used by all donor nations that have made use of them. The book then explores a range of critical perspectives on exchanges and concludes by considering a wide range of new and innovative uses for the funds generated by exchanges.  aEconomic development projects -Finance -Law and legislation.