Developing countries and external debt: What is wrong?

• Main Authors: Felipe, Jesus, Perez Montiel, Jose Antonio
• 格式: text
• 出版: Animo Repository 2024
• 主題: Philippines; Developing Countries; External Debt; Behavioral Economics; Finance; Growth and Development
• 在線閱讀: https://animorepository.dlsu.edu.ph/res_aki/188; https://animorepository.dlsu.edu.ph/context/res_aki/article/1189/viewcontent/DLSU_AKI_Policy_Brief__2024_01_023.pdf

LAST DECEMBER, the World Bank published its annual report on international debt (https://www.worldbank.org/en/programs/debt-statistics/idr/products). The report indicates that, in 2022, the developing countries spent $443 billion on debt-service repayment (principal plus interest) of their external...