Rescheduling foreign debts at market-related interest rates

Nature

The attempt to alleviate the debt burden of developing countries by rescheduling past debts at market-related interest rates only serves to increase the debt burden.

Broader

Deteriorating terms of international financial loans to vulnerable countries

Aggravates

Burden of servicing foreign public debt

Reverse flow of financial aid

Value

SDG

Sustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database

World problems

Type

(E) Emanations of other problems

Subject

Commerce » Credit
Commerce » Finance
Commerce » Market
Management » Planning
Society » Foreign

Content quality

Presentable

Language

English

Last update

Oct 4, 2020