
Trade Dependency, Bargaining and External Debt »
Journal Issue
Volume/Issue: 1988/90
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 October 1988
DOI: http://dx.doi.org/10.5089/9781451951820.001
ISBN: 9781451951820
Keywords: bargaining, dependency, intermediate products, external finance, bargaining power
This paper analyzes the factors determining the payment on outstanding debt in the presence of partial defaults, and the feasibility of renewed investment. We show that a higher relative size of sectors with lower...