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Debt-for-development Exchanges: The Origins of a Financial Technique
1University of New South Wales
Citation Information: The Law and Development Review. Volume 2, Issue 1, Pages 53–76, ISSN (Online) 1943-3867, DOI: 10.2202/1943-3867.1027, June 2009
- Published Online:
Debt-for-development exchanges grew out of debt-equity exchanges and now include debt-for-nature, debt-for-education and debt2health exchanges, among other variants. This history and analysis of the evolution of this idea sheds considerable light upon the technique and allows a more nuanced appreciation of it.