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: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2005
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Online Access: | https://ink.library.smu.edu.sg/soe_research/981 |
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Institution: | Singapore Management University |
Language: | English |