Friday, November 19, 2010

What Does Nud Alarm Mean

Cancellation of debt and domestic debt

On VoxEU , a discussion of the risks of increased domestic borrowing in poor countries that have benefited from debt cancellation Monddiale coordinated by the Bank and the International Monetary Fund:

External debt relief But Increasing domestic debt
The global crisis and expansionary government reactions That Followed revived the attention of policymakers and academics on the adverse effects of large public debt. This column examines the case of Heavily Indebted Poor Countries. It Argüeso That A focus on the Consequences of external debt is outdated as the share of domestic debt in total public debt in Increased from 11% to 37% from 1991 to 2008. A new framework to deal with total public debt is now required to take into account domestic interest payments.
of Andrea Priest

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