000 01405nam a2200157Ia 4500
005 20250117103848.0
008 250117s9999 xx 000 0 und d
020 _a9781107610538
082 _a338.91BUC
245 0 _aDebt-for-development exchanges
_bhistory and new applications
260 _aCambridge
_bCambridge University Press
_c2011
300 _axv, 325 p. : ill. ; 24 cm.
500 _aIncludes bibliographical references and index.
520 _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.
650 _aEconomic development projects -Finance -Law and legislation.
999 _c7179
_d7179