Abstract
The work provides an in-depth analysis of foreign debt of third-world countries. The authors first summarise the main trends of the foreign debt of developing countries in order to frame, on a quantitative level, the debt problem and the strategy t o face it. Official proposals and results are provided before the conceptual foundations and operational mechanisms of debt reduction are dealt with. The role of international financial institutions in the debt strategy is analysed and some considerations on debt sustainability are provided. A brief taxonomy of the countries in question is then offered. Finally, the middle-income debtors and their problems and prospects are analysed, followed by the low income debtors and their operational solutions. JEL Codes: F34
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
