The problem of collateral is a daily issue for lenders and causes much debate in the development finance community. Given the difficulties experienced in arrang

Transaction reforms in eight Pacific Island countries have shown the value in ""movable"" assets such as machinery, inventory, and accounts receivable for use a

The Independence Principle of Letters of Credit and Demand Guarantees offers a comprehensive and authoritative analysis of the principle of independence, a fund

August 1997 One test of the efficacy of World Bank partial credit guarantees is whether they lower the interest rate and lengthen the effective maturity of the