Middle East and Central Asia > Yemen, Republic of
International Monetary Fund. Strategy, Policy, &
,
Review Department
,
International Monetary Fund. Finance Dept.
, and
International Monetary Fund. Legal Dept.
Mr. Ulrich Baumgartner
,
Mr. G. G. Johnson
,
K. Burke Dillon
,
R. C. Williams
,
Mr. Peter M Keller
,
Maria Tyler
,
Bahram Nowzad
,
Mr. G. Russell Kincaid
, and
Mr. Tomás Reichmann
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.
International Monetary Fund. Research Dept.