External Indebtedness of Developing Countries [electronic resource] / Ulrich Baumgartner.
Material type: TextSeries: Occasional Papers; Occasional Paper ; No. 3Publication details: Washington, D.C. : International Monetary Fund, 1981Description: 1 online resource (59 p.)ISBN: 1451935870 :ISSN: 0251-6365Subject(s): Debt Service | Debt | External Debt | Interest | Payments | India | Pakistan | TurkeyAdditional physical formats: Print Version:: External Indebtedness of Developing CountriesOnline resources: IMF e-Library | IMF Book Store 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.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.
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