English, Article, Journal or magazine article edition: Forgive Debt, but Keep Lending Daniel Cohen; Pierre Jacquet; Helmut Reisen

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Bookmark: http://trove.nla.gov.au/version/134844
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Forgive Debt, but Keep Lending
Author
  • Daniel Cohen
  • Pierre Jacquet
  • Helmut Reisen
Physical Description
  • preprint
Notes
  • Cancelling of poor-country debt does not mean that the best way to give aid is through grants only. Aid through loans may often prove superior, provided that it maintains debt sustainability. A new scheme for soft loans is suggested, with higher interest rates and cancellation provisions if bad shocks occur, to minimise moral hazard and strengthen debt sustainability
  • RePEc:oec:devaac:44-en
Language
  • English
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