Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 100
Book Description
Developing Countries' External Debt and U.S. Foreign Assistance: a Case Study
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 100
Book Description
Developing Countries' External Debt and U.S. Foreign Assistance
Author: United States Accounting Office (GAO)Publisher: Createspace Independent Publishing Platform
ISBN: 9781721796274
Category :
Languages : en
Pages : 94
Book Description
Developing Countries' External Debt and U.S. Foreign Assistance: A Case Study
Developing Countries' External Debt and U. S. Foreign Assistance
Author: U S Government Accountability Office (GPublisher: BiblioGov
ISBN: 9781289255961
Category :
Languages : en
Pages : 98
Book Description
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Report to Congress: Developing Countries' External Debt and U.S. Foreign Assistance: A Case Study
Author: United States. General Accounting OfficePublisher:
ISBN:
Category :
Languages : en
Pages : 81
Book Description
Report to Congress by Comptroller General of United States
Author: Developing Countries' External Debt and U.S. Foreing Assistance
Author: Report on Developing Countries External Debt and Debt Relief Provided by the United States
Author: United States. Department of the TreasuryPublisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 100
Book Description
External Debt Histories of Ten Low-Income Developing Countries
Author: Saqib RizaviPublisher: International Monetary Fund
ISBN: 1451849311
Category : Business & Economics
Languages : en
Pages : 141
Book Description
The external debt burden of many low-income developing countries has increased significantly since the 1970s. Developments in a sample of ten countries show that the main factors behind the buildup of debt were (1) exogenous (adverse terms of trade shocks or weather), (2) a lack of sustained macroeconomic adjustment and structural reforms, (3) nonconcessional lending arid refinancing policies of creditors, (4) inadequate debt management, and (5) political factors (civil war and social strife). Future policies should limit the need for external financing and create an environment conducive to diversifying export growth, managing debt more prudently, and basing economic projections on more cautious assumptions.
International Borrowing by Developing Countries
Author: Marilyn J. SeiberPublisher: Pergamon
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
External capital and economic development; Official external debt of developing countries; Developing countries and commercial bank debt; Recycling and debt relief.
Developing Country Debt and the World Economy
Author: Jeffrey D. SachsPublisher: University of Chicago Press
ISBN: 0226733238
Category : Business & Economics
Languages : en
Pages : 350
Book Description
For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. Developing Country Debt and the World Economy contains nontechnical versions of papers prepared under the auspices of the project on developing country debt, sponsored by the National Bureau of Economic Research. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The contributors analyze the crisis from two perspectives, that of the international financial system as a whole and that of individual debtor countries. Studies of eight countries—Argentina, Bolivia, Brazil, Indonesia, Mexico, the Philippines, South Korea, and Turkey—explore the question of why some countries succumbed to serious financial crises while other did not. Each study was prepared by a team of two authors—a U.S.-based research and an economist from the country under study. An additional eight papers approach the problem of developing country debt from a global or "systemic" perspective. The topics they cover include the history of international sovereign lending and previous debt crises, the political factors that contribute to poor economic policies in many debtor nations, the role of commercial banks and the International Monetary Fund during the current crisis, the links between debt in developing countries and economic policies in the industrialized nations, and possible new approaches to the global management of the crisis.