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Loans to LDCs and massive defaults

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  • Garg, Ramesh C.

Abstract

The quadrupling of oil prices since the end of 1973 was accompanied by a rapid increase in the borrowings of developing countries. A global view of their external debt situation reveals some alarming realities.

Suggested Citation

  • Garg, Ramesh C., 1981. "Loans to LDCs and massive defaults," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 16(1), pages 19-25.
    • Handle: RePEc:zbw:inteco:139720
    DOI: 10.1007/BF02924725
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    Keywords

    Indebtedness;

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