External Indebtedness of Developing Countries

ByUlrich Baumgartner, G. G. Johnson, K. Burke Dillon, R. C. Williams, Peter M Keller, Maria Tyler, Bahram Nowzad, G. Russell Kincaid, Tomás Reichmann

May 15, 1981

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Summary

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.

Subject: Arrears, Asset and liability management, Bank credit, Banking, Debt renegotiation, Debt service, External debt, Inflation, Money, Prices

Keywords: Arrears, Bank credit, debt problem, debt renegotiation, Debt renegotiation, Debt service, debt situation, debt structure, Global, Inflation, North America, oil developing countries, OP, people's Dem. rep., People's Republic, World debt table

Pages:
59
Volume:
1981
DOI:
https://doi.org/10.5089/9781451935875.084
Issue:
002
Series:
Occasional Paper No. 1981/002
Stock No:
S003EA0000000
ISBN:
9781451935875
ISSN:
0251-6365

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Occasional Papers