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Current Challenges to Developing Country Debt Sustainability Book PDF Summary

Ten years on from the global financial crisis, economies around the world have become dependent on debt for their growth. This has encouraged unprecedented global indebtedness, particularly in emerging markets and developing countries which have little control over global trends. The challenge for the governments of increasingly vulnerable economies is finding room to manoeuvre to manage debt sustainably, while ensuring growth-inducing expenditure to enhance development. In this report, it is argued that, within the global financial system, developing countries have a limited number of choices, and proposals for regional and inter-regional monetary and financial cooperation and reliance on directed development banking are set out as a place to start.

Detail Book of Current Challenges to Developing Country Debt Sustainability PDF

Current Challenges to Developing Country Debt Sustainability
  • Author : United Nations Conference on Trade and Development (UNCTAD)
  • Release : 20 May 2020
  • Publisher : United Nations
  • ISBN : 9789210041089
  • Genre : Business & Economics
  • Total Page : 34 pages
  • Language : English
  • PDF File Size : 17,9 Mb

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