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