An international comparison of the causes of changes in the debt service ratio 1980-1985

The forces leading up to the debt crisis of the 1980s go back a long way. As a country experiences a rising ratio of debt service payments to export earnings so its default risk increases. World indicators show that interest rates were on a rising trend when commodity prices were on a downward trend...

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Bibliographic Details
Main Authors: H.D. GIBSON, A.P. THIRLWALL
Format: Article
Language:English
Published: Associazione Economia civile 2013-11-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11111