Development Financing and Changes in Circumstances : The Case for Adaption Cl...
49,40 €
Development Financing and Changes in Circumstances : The Case for Adaption Clauses, Paperback by Rocha, ISBN 1138967548, ISBN-13 9781138967540, Like New Used, Free shipping in the US 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.
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