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The Fallout from the Financial Crisis (2): External Debt Sustainability Should More Be Done for the Poor?

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  • Annalisa Prizon

    (OECD)

Abstract

Since 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.

Suggested Citation

  • Annalisa Prizon, 2008. "The Fallout from the Financial Crisis (2): External Debt Sustainability Should More Be Done for the Poor?," OECD Development Centre Policy Insights 84, OECD Publishing.
    • Handle: RePEc:oec:devaac:84-en
    DOI: 10.1787/228156565412
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