Mineral economies— Indebtedness without growth |
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Authors: | Susanne Schattner |
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Affiliation: | 1. HWWA-Institut für Wirtschaftsforschung-Hamburg, Hamburg
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Abstract: | Developing countries with considerable mineral reserves might be expected to have fewer problems with debt-servicing than other developing countries lacking these resources. In fact, during the past decade a not insignificant number of the former had to apply for a rescheduling of their foreign debts. What are the reasons behind this unexpected development? |
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