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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Institutional Knowledge at Singapore Management University
2006
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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 |
| _version_ |
1770569332600864768 |