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	Provedor de dados AgEcon (1) Autor Guinnane, Timothy W. (1) Palavra-chave Debt overhang (1) F34 (1) Financial Economics (1) Germany (1) HIPC initiative (1) London Debt Agreement (1) N24 (1) Sovereign debt (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2004 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Financial Vergangenheitsbewaltigung: The 1953 London Debt Agreement AgEcon Guinnane, Timothy W.. The 1953 London Debt Agreement settled Germany’s debts from the period between the two world wars, and allowed the country to re-establish its role in international capital markets. The Agreement wrote-down the overall debt by about 50 percent and gave the debtors a much longer period to repay. One interesting clause in the Agreement allowed Germany to postpone some payments until such time as re-unification. The Agreement reflects a subtle and responsible understanding of the problems associated with the reparations and debt crises of the 1920s and 1930s, as well as fears about the moral hazard problems that would arise with making any part of the Agreement contingent on events Germany could influence. Recent advocates of third-world debt relief have held... Tipo: Working or Discussion Paper Palavras-chave: Germany; London Debt Agreement; Sovereign debt; Debt overhang; HIPC initiative; Financial Economics; N24; F34. Ano: 2004 URL: http://purl.umn.edu/28387 Registros recuperados: 1 Primeira ... 1 ... Última

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