It takes the average reader 2 hours and 21 minutes to read External Debt Histories of Ten Low-Income Developing Countries by Saqib Rizavi
Assuming a reading speed of 250 words per minute. Learn more
The external debt burden of many low-income developing countries has increased significantly since the 1970s. Developments in a sample of ten countries show that the main factors behind the buildup of debt were (1) exogenous (adverse terms of trade shocks or weather), (2) a lack of sustained macroeconomic adjustment and structural reforms, (3) nonconcessional lending arid refinancing policies of creditors, (4) inadequate debt management, and (5) political factors (civil war and social strife). Future policies should limit the need for external financing and create an environment conducive to diversifying export growth, managing debt more prudently, and basing economic projections on more cautious assumptions.
External Debt Histories of Ten Low-Income Developing Countries by Saqib Rizavi is 141 pages long, and a total of 35,391 words.
This makes it 48% the length of the average book. It also has 43% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 13 minutes to read External Debt Histories of Ten Low-Income Developing Countries aloud.
External Debt Histories of Ten Low-Income Developing Countries is suitable for students ages 10 and up.
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