The Problem of the Debt in Developing Countries

Bela Balassa
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Bela Balassa: The Johns Hopkins University

Chapter Essay 6 in Change and Challenge in the World Economy, 1985, pp 102-127 from Palgrave Macmillan

Abstract: Abstract The problems associated with their growing foreign indebtedness have been in the focus of public discourse about the developing countries in recent years. The discussion has concerned the ability of these countries to service their external debt, the policies they may adopt to improve their debt situation, and the measures that may be taken by the international community to reduce the chances of future debt crises.

Keywords: Interest Rate; Commercial Bank; Interest Payment; External Shock; Import Substitution (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-17991-6_6

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DOI: 10.1007/978-1-349-17991-6_6

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