Raise the debt : how developing countries choose their creditors /
Why do some governments borrow from China, while others borrow from the United States or the International Monetary Fund (IMF)? This book systematically explains how governments choose among competing loan offers. As the strings attached to loans vary across creditors, domestic interest groups prefe...
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| Format: | eBook |
| Language: | English |
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New York, NY :
Oxford University Press,
[2019]
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Why do some governments borrow from China, while others borrow from the United States or the International Monetary Fund (IMF)? This book systematically explains how governments choose among competing loan offers. As the strings attached to loans vary across creditors, domestic interest groups prefer one type of creditor to the other. However, interest groups disagree about which creditor is preferable. Governments cater to whichever domestic interest group coalition is dominant by borrowing from the coalition's preferred creditor. The book offers evidence from Ecuador, Peru, and Colombia as w. |
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| Physical Description: | 1 online resource |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9780190909581 0190909587 9780190866181 0190866187 |