Series: IMF Working Papers
Author(s): Kevin Ross , R. Brooks , Robert Powell , Ydahlia Metzgen Quemarez , Doris Ross , Mariano Cortes , Saqib Rizavi , Benoit Ketchekmen , and Francesca Fornasari
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 1998
Keywords: External Debt, HIPCs, Low-Income Countries, debt, creditors, debt burden, debt stock
The external debt burden of many low-income developing countries has increased significantly since the 1970s. Developments in a sample of ten countries show that the main factors behind the buildup of debt were (1)...