||Boamah, Daniel O. (1996)
This paper discusses the main principles involved in debt swaps, concentrating on their economic implications, and how such implications have influenced specific country programmes. It then discusses the possible application of the principles to regional and national debt issues. It analyses some of the economic implications of debt swap and discusses some countries’ experiences with the schemes, including the Caribbean. It discusses the application of the principles of regional and national situations and their implication for financial sector development in the region.