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