External Indebtedness of Developing Countries

Abstract

The external indebtedness of non-oil developing countries has been of growing concern in recent years. Several factors have brought the debt issue to the forefront of the problems facing a number of countries, including the rapid rise in extenal debt in the recent past, changes in the composition of debt (toward a greater proportion owed to commercial banks) and the attendant deterioration in the terms of debt, and the rise in debt service resulting from these developments.

Author:
Mr. Ulrich Baumgartner
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Mr. G. G. Johnson
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K. Burke Dillon https://isni.org/isni/0000000404811396 International Monetary Fund

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R. C. Williams https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Peter M Keller
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Maria Tyler
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Bahram Nowzad
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Mr. G. Russell Kincaid
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Mr. Tomás Reichmann https://isni.org/isni/0000000404811396 International Monetary Fund

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