Development Financing and Changes in Circumstances

The Case for Adaptation Clauses

Paperback Engels 2017 1e druk 9781138967540
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Samenvatting

First published in 1999. This study starts with the reasons underlying that apparent bias of loan agreements to which developing country borrowers were parties and then develops to look at the issue of the potential benefits of having documentation evidencing developing country indebtedness provide for contractual relief for borrowers in case of adverse changes in circumstances.

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Inhoudsopgave

Introduction; Part I Adaptation in Development Financing: General; Chapter One Development Financing and External Shocks; Chapter Two The Conceptual Framework; Chapter Three Ad Hoc Adaptation and the Debt Crisis of the 1980s; Part II Adaptation Clauses; Chapter Four General Aspects of Adaptation; Chapter Five Renegotiation Clauses; Chapter Six Adaptation Clauses Stricto Sensu; Chapter Seven Adaptation Clauses: A Workable Proposition?; concl Conclusion;

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          Development Financing and Changes in Circumstances