Does IDA Engage in Defensive Lending?
Multilateral development banks are sometimes thought to engage in "defensive lending" the practice of extending new loans purely in order to ensure that existing loans are repaid. We empirically examine this hypothesis using data on lending extended by and repayments to the International D...
|Place of publication:||
Università di Perugia, Dipartimento Economia, Finanza e Statistica 2012
|published in:||Review of economics and institutions Vol. 3; no. 3|
|Data of publication:||2012|
Review of Economics and Institutions
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