
doi: 10.1007/bf02925151
handle: 10419/140131
The disappointing response to the Mexican debt-swap initiative has shown that financial innovations cannot be relied on solely to reduce the debt burden to levels that reestablish the creditworthiness of major debtors. The following article examines the conventional approach to solving the debt problem as well as a number of new proposals.
ddc:330, Indebtedness
ddc:330, Indebtedness
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