The Fallout from the Financial Crisis (2): External Debt Sustainability Should More Be Done for the Poor?
AbstractSince the credit crisis first erupted, relatively little attention has been given to the consequences of the financial crisis on low-income countries’ indebtedness. Although in recent years developing countries as a group have benefited from increasing private flows (particularly FDI and remittances), many low-income countries are still heavily dependent on external official aid and debt flows.
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Bibliographic InfoPaper provided by OECD Publishing in its series OECD Development Centre Policy Insights with number 84.
Date of creation: Dec 2008
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This paper has been announced in the following NEP Reports:
- NEP-AFR-2009-01-17 (Africa)
- NEP-ALL-2009-01-17 (All new papers)
- NEP-ARA-2009-01-17 (MENA - Middle East & North Africa)
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