Debt rescheduling in less-developed countries: world or regional crisis?

Article Abstract:

Less-developed countries had accumulated a foreign indebtedness of $1.28 trillion in 1990, a 123% increase from 1980. Debt rescheduling has been the subject of empirical studies. Few regional studies have been done and no attempts have been made to differentiate between world regions in studying the financial predictors and debt rescheduling. Evidence on rescheduling for all debtor less developed countries is compared with evidence from each region. Results indicate that the political environment is an important determinant of debt rescheduling.

Research, External debt relief, Debt relief

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Growth and foreign indebtedness in developing countries: an empirical study using long-term cross-country data

Article Abstract:

An analysis of the effects of foreign debt on the overall level and rate of economic development in developing countries reveals that foreign loans which are not used for economic development programs can impact their economic situation. An investment regression model is used to analyze the impact of external indebtedness on developing countries' economy. The World Bank classifies developing countries as either severely indebted low-income countries or moderately indebted low-income countries.

Public Finance Activities, National Government Liabilities & Debt, Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Analysis, Economic development, National debt, External debts

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Is there an environmental kuzents curve for the risk of biodiversity loss?

Article Abstract:

The cross-country relationship between per capita income and biodiversity loss risk in developing countries is evaluated by using Environmental Kuznets Curve (EKC).

Developing Countries, Income Distribution, Usage, Evaluation, Environmental aspects, Econometrics, Biological diversity, Biodiversity

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