Sustainable External Debt Levels: Estimates for Selected Asian Countries

High ratios of external debt to GDP in selected Asian countries have contributed to the initiation, propagation, and severity of the financial and economic crises in recent years, reflecting runaway fiscal deficits and excessive foreign borrowing by the private sector. Applying the formal framework...

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Bibliographic Details
Main Author: Mariano, Roberto S.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2005
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/844
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Institution: Singapore Management University
Language: English
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