Development Financing and Changes in Circumstances : The Case for Adaptation Clauses

Moura Rocha, Bolivar

ISBN 10: 0710305907 / ISBN 13: 9780710305909

Published by Kegan Paul, 1997

About this Item

Unread book in perfect condition.

Seller Inventory # 21475516

Bibliographic Details

• Title: Development Financing and Changes in Circumstances : The Case for Adaptation Clauses
• Publisher: Kegan Paul
• Publication Date: 1997
• Language: English
• ISBN 10: 0710305907
• ISBN 13: 9780710305909
• Binding: Hardcover
• Condition: As New

About this title

Synopsis

The 1980s saw a debt crisis among developing countries that indicated a deeper, dangerous fault in the foundations of financial mechanisms. Rocha argues that contractually provided adaptation mechanisms can help avoid the disruption of medium- and long-term financing transactions; he also challenges the current practice of hazardous and resource-consuming ad hoc debt rescheduling.

About the Authors

Bolivar Moura Rocha heads the unit responsible for the enforcement of competition law and policy in the Brazilian Finance Ministry.