LDC borrowing : growth opportunities and credit rationing (English)

This paper provides a conceptual basis for the analysis of determinants of commercial bank lending to LDCs. Modern financial economic theory, and in particular the valuation of options, is used to develop the framework. The paper first studies the circumstances under which borrowing countries, faced with a given level of external debt, would choose policy and investment alternatives substantially different from those they would choose in the absence...

DETAILS

Author

Sadeq,Sayeed;
Document Date
1984/08/31
Document Type
Departmental Working Paper
Report Number
CPD8427
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/08/10
Disclosure Status
Disclosed
Doc Name
LDC borrowing : growth opportunities and credit rationing
Keywords
higher rate of interest

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)

Official PDF
TXT*
Total Downloads** : 106
Download Stats
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Sadeq,Sayeed.

LDC borrowing : growth opportunities and credit rationing (English). Country Policy Department discussion paper|no. CPD 8427 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/634641492001792465

LDC borrowing : growth opportunities and credit rationing (English)

DETAILS

DOWNLOADS

COMPLETE REPORT

Citation

SUBSCRIBE TO EMAIL ALERTS