| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w2582 |
| 来源ID | Working Paper 2582 |
| Debt and Conditionality under Endogenous Terms of Trade Adjustment | |
| Joshua Aizenman; Eduardo R. Borensztein | |
| 发表日期 | 1988-05-01 |
| 出版年 | 1988 |
| 语种 | 英语 |
| 摘要 | The purpose of this study is to identify conditions under which renewed international. lending will benefit both the developed and the developing countries. Our analysis will evaluate how the presence of terms of trade adjust-rent and distorted credit markets affect the conditions for the existence of beneficial lending. We demonstrate that in the presence of endogenous terms of trade adjustment, there are cases in which a competitive international banking system may not revitalize lending for investment purposes, even if such renewed lending is socially desirable, Renewed lending may require the appropriate conditionality, and the presence of endogenous terms of trade adjustment puts greater weight on investment conditionality. |
| 主题 | International Economics |
| URL | https://www.nber.org/papers/w2582 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559839 |
| 推荐引用方式 GB/T 7714 | Joshua Aizenman,Eduardo R. Borensztein. Debt and Conditionality under Endogenous Terms of Trade Adjustment. 1988. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w2582.pdf（1146KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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