Debt relief through debt conversion: A critical analysis of the Chilean debt conversion programme
研究了智利债务转换项目的效果，指出其虽被视为最成功的案例，但在外国直接投资和国际收支方面存在负面影响。
The purpose of this study is to look at the effects of debt conversion transactions in the case of Chile. The decision to centre on Chile lies in the fact that Chile is nowadays considered to have the most successful programme of debt conversion among debtor countries. However, the Chilean debt conversion programme presents some shortcomings. In fact, as this study shows, the conversion scheme may have negative effects regarding direct foreign investment and the balance of payments.