search query: @author Williamson, M. / total: 3
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| Author: | Feinberg, R. Williamson, M. |
| Title: | Whose finger on the trigger? |
| Journal: | Banker
1987 : SEP, VOL. 137:739, p. 40, 43, 45 |
| Index terms: | UNDERDEVELOPED ECONOMIES DEBT MANAGEMENT BANK LENDING LATIN AMERICA |
| Language: | eng |
| Abstract: | Few debtor countries have really wielded serious threat for fear of upsetting the banking system. But the debtors now pay much more in amortization and interest than they receive in new credits, their bargaining power is increasing. A growing number of LDC's have begun to apply the reverse leverage: some are threatening not to pay up, others even carrying out the threat. Recent negotiations have produced no compromises The new deals consist of rescheduling, new loans and the commitment of annual net transfer of about 2.5% of the GDP to their creditors. |
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