Description

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.

More publications in this series: Occasional Papers

More publications by: Ulrich Baumgartner ; G G Johnson ; K Burke Dillon ; R C Williams ; Peter Keller ; Maria Tyler ; Bahram Nowzad ; G Russell Kincaid ; Tomás Reichmann