Current issues related to the external debt of developing countries

- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 2008 , pp 169-194
- Publication Date: September 2008
- DOI: https://doi.org/10.18356/f663bdef-en
- Language: English
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Large capital inflows are often seen as a sign of economic strength of a receiving country, and are sometimes cited as evidence of good institutions and investment opportunities. By contrast, large external debts are usually viewed as a sign of weakness, and developing countries are concerned about the accumulation of such debt. There is a lack of coherence in these perceptions, since debt accumulation is the natural consequence of large capital inflows, unless they take the form of grants or equity flows.
© United Nations
ISBN (PDF):
9789211561784
Book DOI:
https://doi.org/10.18356/2ee5a1c2-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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