Tahun Terbit

2008

Deskripsi Fisik

xiv, 43p.: ill.; 27cm

We evaluate the benefits and costs of indexing multilateral loans to variables related to developing countries� ability to pay; i.e. whether a reform of multilateral lending is feasible and economically justified. The analysis covers 40 International Development Association (IDA) countries from 1990 to 2010 and focuses on three types of debt: GDP-indexed loans; export-indexed loans; inflat…