Some problems of external finance

Two of the characteristics of the resource flows discussed in the previous chapter have proved to be particularly troublesome. The fact that the transfers are not all in a freely usable “liquid” form but are for the most part either in goods and services or in restricted types of credit has given rise to various utilization problems. And the tendency for the amount lent to grow more rapidly than the amount given has accentuated the problem of debt and its servicing.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action