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Rapport Année : 2018

Preferred creditor status : multilateral development banks’ comparative advantage

Résumé

Preferred Creditor Status (PCS) is a widely accepted principle under which MDBs are given priority for repayment of debt in the event of a borrower experiencing financial stress. Under a broader approach to PCS, MDBs’ sovereign and non-sovereign loans servicing are protected against restrictions on foreign exchange.
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Dates et versions

hal-04320859 , version 1 (04-12-2023)

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  • HAL Id : hal-04320859 , version 1

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Eric Paget-Blanc, Arnaud Louis, Khamro Ruziev, Enrique Bernárdez, Olivier Delfour. Preferred creditor status : multilateral development banks’ comparative advantage. Special report, Fitch Ratings. 2018. ⟨hal-04320859⟩
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