External Indebtedness of Developing Countries

Ulrich Baumgartner, G. Johnson, K. Dillon, R. Williams, Peter Keller, Maria Tyler, Bahram Nowzad, G. Kincaid and Tomás Reichmann

No 1981/002, IMF Occasional Papers from International Monetary Fund

Abstract: 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.

Keywords: OP; people's Dem. rep.; People's Republic; debt problem; debt situation; World debt table; debt renegotiation; Debt service; Debt renegotiation; Arrears; Inflation; Global; North America; oil developing countries; debt structure; Bank credit (search for similar items in EconPapers)
Pages: 59
Date: 1981-05-15
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