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Problems of Debt Servicing

1964
Although the problem of debt servicing has been somewhat neglected in the literature on international capital movements, it is of central importance for the debtor countries. Debt services — which include payments for the floating of the loan abroad, interest, and amortization — flow in the direction opposite to the capital flow. These payments are not
Bandera V N
exaly   +2 more sources

Debt and Debt Servicing

2002
Singer was an early advocate for addressing the debt problem of the developing countries and the high level of debt servicing that they accumulated in the 1980s. He recalled the history of the debt crisis, which was often forgotten (Singer, 1989m). The immediate cause was the large financial surpluses of the oil producing countries following the two ...
exaly   +2 more sources

Present Implication of Debt and Debt Service in Nigeria

Journal of Economics, Management and Trade, 2023
Indebtedness in a poor country like Nigeria has recently drawn researchers’ attention since after the 2006 debt relief. With the current exchange rate, debt servicing is almost the generated revenue in Nigeria. This has the implication of crowding out fiscal projects for development. This is the crux of this study.
C. Ekperiware, Moses   +4 more
openaire   +2 more sources

On Debt Service and Renegotiation when Debt-Holders are More Strategic [PDF]

open access: possibleSSRN Electronic Journal, 2007
Abstract The contingent claims analysis of firm financing often presents a debt renegotiation game with a passive bank that does not use its ability to force liquidation strategically, contrary to what is observed in practice. We consider two motives that may lead a bank to refuse to renegotiate: maintaining its reputation to preserve its future ...
Bourgeon, Jean Marc, Dionne, Georges
openaire   +2 more sources

Strategic Debt Service

The Journal of Finance, 1997
ABSTRACTWhen firms experience financial distress, equity holders may act strategically, forcing concessions from debtholders and paying less than the originally‐contracted interest payments. This article incorporates strategic debt service in a standard, continuous time asset pricing model, developing simple closed‐form expressions for debt and equity ...
Mella-Barral, Pierre, Perraudin, William
openaire   +1 more source

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