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Title
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Why are debtor countries hesitant to participate in debt relief initiatives?
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Author
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Abstract
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| Developing countries eligible for debt relief compare the net benefits of participating in a debt relief initiative now with the value of waiting and potentially execute their participation option later, when they may have more information on the benefits and costs. Anecdotal and analytical evidence shows this framing can help to understand countries’ reluctance to participate in debt relief initiatives. The framework suggests different ways in which debt relief can be made more attractive to debtors. |
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Language
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English
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Source (journal)
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findevlab.org
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Publication
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2023
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Volume/pages
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(2023.11.15)
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Medium
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E-only publicatie
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