Briefly discuss the following:
(a) Debt-equity swaps
(b) IMF "conditionality"
(c) LIBOR
(d) Petrodollars
(a) Purchasing debt on the secondary market at a discount from face value and then trading the debt for the currency of the debtor nation to use for equity investments.
(b) Conditions imposed by the IMF on a borrowing country to encourage stable growth.
(c) LIBOR-London Interbank Offer Rate, the rate charged by large banks in London for loans and deposits.
(d) Deposits from oil exporter nations.
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