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The developing countries’ foreign debt in the last twenty years

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  • Maria Cipollina

Abstract

In the last years of the 20th century numerous organizations proposed debt forgiveness policy as a radical solution to the foreign debt crises in the developing countries. Today, economists are seriously engaged in analysis of the impact of debt forgiveness on the economic growth of the poor countries. This paper examines the foreign debt problem and describes economic growth models in order to explain how debt forgiveness helps badly indebted poor economies to achieve higher economic growth rates.

Suggested Citation

  • Maria Cipollina, 2007. "The developing countries’ foreign debt in the last twenty years," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 3, July.
    • Handle: RePEc:rar:journl:0060
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    References listed on IDEAS

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    More about this item

    Keywords

    Debt Crises; Debt Forgiveness; Economic Growth; Foreign Debt;
    All these keywords.

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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