International debt of developing countries: any step toward's solution? /
By: Klein, Lawrence.
Series: Vol. 14 No. 1 First Sem 1987.Description: p.1-11.Subject(s): Debt - Developing countries | Debt - International - Developing countries | Debt indicatorsOnline resources: Click here to access online In: Journal of Philippine DevelopmentSummary: This paper discusses the world economic outlook and debt indicators of developing countries. A solution, therefore, should have different components that reconcile the positions of the banks, the creditor nations, the debtor nations, and the multinational agencies: (1) There should be rescheduling such that debtors can meet service obligations; (2) Maturities should be paid on revised schedule or should be rolled over; and (3) Debtors should be allowed to follow a growth path and receive fresh credits as needed for this objectiveNo physical items for this record
This paper discusses the world economic outlook and debt indicators of developing countries. A solution, therefore, should have different components that reconcile the positions of the banks, the creditor nations, the debtor nations, and the multinational agencies: (1) There should be rescheduling such that debtors can meet service obligations; (2) Maturities should be paid on revised schedule or should be rolled over; and (3) Debtors should be allowed to follow a growth path and receive fresh credits as needed for this objective