The Double Charge of External Debt Servicing

Bernard Schmitt
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Bernard Schmitt: University of Fribourg, Switzerland

Macroeconomics from EconWPA

Abstract: The approach proposed in the paper is rather unconventional, yet very rigorous. The paper set the proof of the iniquitous double charge laid on indebted countries when paying interest on their external debt.

Keywords: External; Debt; Servicing (search for similar items in EconPapers)
JEL-codes: F34 F33 E40 (search for similar items in EconPapers)
Date: 2000-07-23
Note: Type of Document - . pdf file; prepared on PC; to print on PostScript; pages: 14 ; figures: included. This is the first paper in the series Quaderni di ricerca launched bay the Laboratory of Research in Monetary Economics. An institute of the Centre for Banking Studies (CSB) of Lugano-Vezia, Switzerland. The RMELab was founded with a view to exploring and proposing new lines of research in the field of monetary economics. This first working paper is simbolically devoted to the external debt problem and gives a foretaste of our approach and shows the way we intend to contribute to this urgent task. Others will follow and we hope that the reader will join us in our adventure and let us have his critical comments. http://www.csbancari.ch/RMElab/

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