Statistical Issues of Debt Conversions

Download or read book Statistical Issues of Debt Conversions written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-03-23 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines two aspects of debt conversions. First, it examines general aspects of secondary markets of developing countries’ bank debt, and the debt conversions that have taken place in a number of developing countries experiencing debt servicing difficulties. Second, by using common characteristics of debt conversion transactions, the paper analyzes the effects of debt conversions on monetary, balance of payments, and fiscal accounts in the debtor countries. It concludes with discussions on implications of debt conversions for reports of external debt statistics.