Author: | Ulrich Mr. Baumgartner, G. Mr. Johnson, K. Dillon, R. Williams, Peter Mr. Keller, Maria Tyler, Bahram Nowzad, G. Mr. Kincaid, Tomás Mr. Reichmann | ISBN: | 9781463986971 |
Publisher: | INTERNATIONAL MONETARY FUND | Publication: | May 15, 1981 |
Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
Author: | Ulrich Mr. Baumgartner, G. Mr. Johnson, K. Dillon, R. Williams, Peter Mr. Keller, Maria Tyler, Bahram Nowzad, G. Mr. Kincaid, Tomás Mr. Reichmann |
ISBN: | 9781463986971 |
Publisher: | INTERNATIONAL MONETARY FUND |
Publication: | May 15, 1981 |
Imprint: | INTERNATIONAL MONETARY FUND |
Language: | English |
The external indebtedness of non-oil developing countries has been of growing concern in recent years. Several factors have brought the debt issue to the forefront of the problems facing a number of countries, including the rapid rise in extenal debt in the recent past, changes in the composition of debt (toward a greater proportion owed to commercial banks) and the attendant deterioration in the terms of debt, and the rise in debt service resulting from these developments.
The external indebtedness of non-oil developing countries has been of growing concern in recent years. Several factors have brought the debt issue to the forefront of the problems facing a number of countries, including the rapid rise in extenal debt in the recent past, changes in the composition of debt (toward a greater proportion owed to commercial banks) and the attendant deterioration in the terms of debt, and the rise in debt service resulting from these developments.