000			02094cam a22003131 4500
008			720222t1960 mduaaaaer 000 0 eng
040			_aDLC _cODaWU
050	0	0	_aHG174 _b.I77
082			_a336.343 _bAVR
100			_aAvramovic, Dragoslav
245	1	0	_aDebt servicing problems of low-income countries, 1956-1958 /
260			_aBaltimore : _bJohns Hopkins Press, _cc1960.
300			_a74 p. :ill,
504			_aIncludes bibliographical footnotes
520			_aThis study attempts to show that public loans and grants to underdeveloped countries rose by slightly over 50 per cent between 1955 and 1958. During the same period, the respective receipts of Latin American countries more than doubled, with the increase in short and medium-term loans to relieve balance-of-payments difficulties especially pronounced. The external public debts of some 51 countries rose by 27 per cent, while for the Latin American countries the corresponding increase was over 40 per cent. The bulk of the Latin American debt service consists of repayments. This, in turn, reflects the shortening of the debt structure of these countries, and the concomitant acceleration of the repayment schedules. The book also point out that " at the rate at which loans were being repaid at the beginning of the postwar period, it would have taken on the average 28 years to repay the entire Latin American debt, provided no new debt was incurred. The Latin American countries' capacity to service the debt has been adversely affected by a number of factors. The terms of trade-the relation of export and import prices-have turned against the producers of raw materials and foodstuff.
590			_ausc 18/05/2018; 07/08/2018
591			_aLoans
650		0	_aLoans.
650		0	_aInvestments, Foreign.
650		0	_aDebts, Public
650		0	_aDebts, External
650		0	_aEconomic assistance
651		0	_aDeveloping countries.
700	1		_aGulhati, Ravi
710			_aInternational Bank for Reconstruction and Development.
710			_aWorld Bank.
942			_2ddc _cBOOK
949			_a336.343 AVR
999			_c8694 _d8694