External Debt, Adjustment, and Growth

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. More importantly, the servicin...

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Main Authors: MARIANO, Roberto S., VILLANUEVA, Delano
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2006
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Online Access:https://ink.library.smu.edu.sg/soe_research/896
https://ink.library.smu.edu.sg/context/soe_research/article/1895/viewcontent/external_debt.pdf
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Institution: Singapore Management University
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spelling sg-smu-ink.soe_research-18952019-05-01T09:38:45Z External Debt, Adjustment, and Growth MARIANO, Roberto S. VILLANUEVA, Delano 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. More importantly, the servicing of large debt stocks has diverted scarce resources from investment and long-term growth. 2006-05-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/896 https://ink.library.smu.edu.sg/context/soe_research/article/1895/viewcontent/external_debt.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Finance Growth and Development
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Finance
Growth and Development
spellingShingle Finance
Growth and Development
MARIANO, Roberto S.
VILLANUEVA, Delano
External Debt, Adjustment, and Growth
description 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. More importantly, the servicing of large debt stocks has diverted scarce resources from investment and long-term growth.
format text
author MARIANO, Roberto S.
VILLANUEVA, Delano
author_facet MARIANO, Roberto S.
VILLANUEVA, Delano
author_sort MARIANO, Roberto S.
title External Debt, Adjustment, and Growth
title_short External Debt, Adjustment, and Growth
title_full External Debt, Adjustment, and Growth
title_fullStr External Debt, Adjustment, and Growth
title_full_unstemmed External Debt, Adjustment, and Growth
title_sort external debt, adjustment, and growth
publisher Institutional Knowledge at Singapore Management University
publishDate 2006
url https://ink.library.smu.edu.sg/soe_research/896
https://ink.library.smu.edu.sg/context/soe_research/article/1895/viewcontent/external_debt.pdf
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