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Debt and Economic Growth in South Asia.

Pakistan Development Review 2001, Winter, 40, 4

This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.


INTRODUCTION After 1980s, in most developing countries, the rate of debt accumulation and increase in debt servicing are highlighted as major factors affecting the growth rate of output. Most of these countries lost their competitiveness in the international market mainly as a result of insufficient exchange rate adjustments. In addition, the weakening of terms of trade, economic mismanagement and crisis of governance also lowered growth rates in the developing countries. The downward pressure was larger in the countries facing higher debt burden as these countries faced higher interest rates, decline in the external resource inflow, lower export earnings, lower domestic output and lower imports.

Debt and Economic Growth in South Asia.
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  • £2.99
  • Available on iPhone, iPad, iPod touch, and Mac.
  • Category: Economics
  • Published: 22 December 2001
  • Publisher: Pakistan Institute of Development Economics
  • Print Length: 22 Pages
  • Language: English
  • Requirements: To view this book, you must have an iOS device with iBooks 1.3.1 or later and iOS 4.3.3 or later, or a Mac with iBooks 1.0 or later and OS X 10.9 or later.

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