Bibliography on International Debt

collected by Agus Suprijanto
University of Colorado May 1993

Avramovic, Dragoslav et al. 1964, Economic growth and external debt (John Hopkins University Press, Baltimore, MD).

Bardhan, Pranob., "Optimum Foreign Borrowing" in Karl Shell, ed., Essays on the Theory of Optimal Growth, Cambridge, Mass., MIT Press. 1967.

Blanchard, Oliver, "Debt and the Current Account Deficit in Brazil," in P. Armella et al., eds., Financial Policies and the World Capital Market: The Problem of Latin American Countries. NBER Conference Report, Chicago, University of Chicago Press, 1983.

Brau, E., and Williams, R., "Recent Multilateral Debt Restructurings with Official and Bank Creditors," International Monetary Fund Occasional Paper no.25, December 1983.

Carvounis, Chris C., The Debt Dilemma of Developing Nations: Issues and Cases, Quorum Books, Westport, Connecticut, 1984.

Cline, William., "International Debt and the Stability of the World Economy", Institue for International Economics, Washington, D.C. 1983

Cline, William R., 1984, International debt: Systematic risk and policy response (Institute for International Economics, Washington,DC).

Cohen, Daniel, and Sachs, Jeffrey, "Growth and External Debt Under Risk of Debt Repudiation," European Economic Review, June 1986, 30, 529-560.

Cooper, Richard N. and Jeffrey D. Sachs, 1985, Borrowing abroad: The debtor's perspective, in: Gordon W.Smith and John T.Cuddington, eds., International debt and the developing countries (IBRD, Washington,DC) 21-60.

Cuddington,John T., and Smith, Gordon W., International Debt and the Developing Countries, 1985 (The World Bank: Washington, D.C.).

Domar, Evsey, 1944, The "burden of debt" and national income, American Economic Review 34, 798-827.

Dornbusch, Rudiger, and Mario Draghi, Public Debt Management: Theory and History, Cambridge University Press, Cambridge, 1990.

Eaton, J. and Gersovitz, M. , "Debt with Potential Repudiation : Theoretical and Empirical Analysis," Review of Economic Studies, 48,1981

Eaton, J. , Gersovits,M. and Stiglitz,J. , "The Pure Theory of Country Risk," European Economic Review, 30, 1986

Eaton, Jonathan, 1985, Lending with costly enforcement of repayment and potential fraud, Journal of Banking and Finance, forthcoming.

Edwards, Sebastian, 1984, LDC foreign borrowing and default risk: An empirical investigation, 1976-80, American Economic Review 74, 726-734.

Edwards, Sebastian, "The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing," European Economic Review, June 1986,30,565-589.

Frank, Charles R. and William R. Cline, 1971, Measurement of debt servicing capacity: An application of discriminant analysis, Journal of International Economics 1, 327-344.

George, Susan, A Fate Worse than Debt, Grove Press, New York, 1988.

Helfwig, Martin F., 1977, A model of borrowing and lending with bancruptcy, econometrica 45, 1879-1906.

Jaffee, Dwight M. and Franco Modigliani, 1969, A theory and test of credit rationing, American Economic Review 59, 850-872.

Jaffee, Dwight M. and Thomas Russell, 1976, Imperfect information, uncertainty and credit rationing, Quarterly Journal of Economics 90, 651-666.

Kaletsky, Anatole, The Cost of Default, 1985 (Priority: New York).

Katz, Menachem. "Government Policy, External Public Indebtness, and Debt Service," DM/82/19, Washington, International Monetary Fund, 1982, processed.

Keeton, William R., 1979, Equilibrium credit rationing (Garland Publishing, New York).

Kharas, Homi, 1984, The long-run creditworthiness of developing countries: Theory and practice, Quarterly Journal of Economics 99, 415-439.

Kharas, Homi J. , "Constrained Optimal Foreign Borrowing by Less Developed Countries," World Bank, Development Policy Staff, 1981

Kletzer, Kenneth M., 1984, Asymmetries of information and LDC borrowing with souvereign risk, Economic Journal 94, 287-307.

Krugman, P. , "International Debt Strategies in an Uncertain World," International Debt and the Developing Countries, Washington D.C. : The World Bank, 1985

Krugman, Paul, 1985, International debt problems in an uncertain world, in: Gordon W. Smith and John T. Cuddington, eds., International debt and the developing countries (IBRD, Washington,DC) 179-209.

Kyle,Steven, and Sachs,J, "Developing Country Debt and the Market Value of Large Commercial Banks," National Bureau of Economic Research Working Paper No.1470 , 1984

Kyle, Steven, and Sachs,Jeffrey, "Developing Country Debt and the Market Value of Large Commercial Banks," National Bureau of Economic Research Working Paper No.1470, September 1984.

Lombardi, Richard W., Debt Trap: Rethinking the Logic of Development, Praeger Publishers, New York, 1985.

Mc. Donald, C. Donough, 1982, Debt capacity and developing country borrowing: A survey of the literature, IMF Staff Papers 29, 603-646.

Mc. Fadden, Daniel et al., 1985, Is there life after debt? An econometric analysis of the creditworthiness of developing countries (IBRD, Washington, DC) 179-209.

Myers, Stewart C., "Determinats of Corporate Borrowing," Journal of Financial Economics, 5 (November 1977) 147-175.

Ozler, Sule, 1984, Rescheduling of souvereign government bank debt, Mimeo (Stanford University, Stanford, CA).

Sachs, J. , "Theoretical Issues in International Borrowing," Princeton Studies in International Finance, 54, 1984

Sachs, Jeffrey and Daniel Cohen, 1985, LDC borrowing with default risk, Kredit und Kapital, forthcoming.

Singer, H.W., and Soumitra Sharma, Economic Development and World Debt, St. Martin's Press, New York, 1989.

Simonsen, Mario Henrique, 1985, The developing-country debt problem, in: Gordon W. Smith and John T. Cuddington, eds., International debt and the developing countries (IBRD, Washington,DC) 101-126.

Stiglitz, Joseph E. and Andrew Weiss, 1981, Credit Rationing in markets with imperfect information, American Economic Review 71, 393-411.