An analysis of external debt positions of eight developing countries through 1990 |
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| Affiliation: | 1. Department of Economics, University of Georgia, Athens, GA 30602, USA;2. Department of Economics, Georgia State University, Atlanta, GA 30303, USA |
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| Abstract: | This paper traces the accumulation of large external debts by eight developing countries since 1973. It presents a framework that provides a useful measure of the economic burden of the external debts of these countries. Simulations based on data from the eight countries are reported. |
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