ABSTRACT
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.
TABLE OF CONTENTS
chapter |3 pages
Introduction
part I|72 pages
Adaptation in Development Financing: General
chapter Chapter One|21 pages
Development Financing and External Shocks
chapter Chapter Two|32 pages
The Conceptual Framework
chapter Chapter Three|17 pages
Ad Hoc Adaptation and the Debt Crisis of the 1980s
part II|77 pages
Adaptation Clauses