What policies can less developed countries follow to resolve their debt problem?

Highly indebted countries can resolve by less developed countries:

• Seek help by international agencies for example International Monetary Fund /World Bank Highly Indebted Poor Countries initiative. Less developed countries are needed to show good governance, implement economic reforms, include civil society and meet targets conditionality
• Effort macroeconomic stability from balancing government budgets and tight monetary policy. The resultant decrease in inflation enhances competitiveness, reduces present account deficits and assists earn foreign currency for interest payments
• Reschedule debt repayments for example temporary suspension or longer era of repayment
• Default that is declined to carry on paying debt.

 

Posted Date: 8/30/2013 7:41:08 AM | Location : United States

Ask an Expert

Related Discussions:- What policies can developed to resolve debt problem, Assignment Help, Ask Question on What policies can developed to resolve debt problem, Get Answer, Expert's Help, What policies can developed to resolve debt problem Discussions

Write discussion on What policies can developed to resolve debt problem
Your posts are moderated

Write your message here..

Related Questions

Unemployment rate, In 2007, Segolene Royal, in an unsuccessful bid for pres... In 2007, Segolene Royal, in an unsuccessful bid for president of France, says that employees who lost their jobs would obtain unemployment payments equivalent to 90% of the previou

Global finance crisis, Australia has emerged from the Global Finance Crisis... Australia has emerged from the Global Finance Crisis (GFC) as "the strongest economy in the developed world" (Editorial, The Australian, 11 December 2009). The economic editor of T

Homework help in explination, with a water park going in town. What kind of... with a water park going in town. What kind of externality is this?

Gross domestic production, Explain the statement "during the second quarter... Explain the statement "during the second quarter of 2010 Irish gross domestic product fell by 1.2%. According to given statement Ireland's gross domestic production fell down i

What are characteristics of growth in developed countries, What are the cha... What are the characteristics of growth in developed countries? Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below: • Gross

Production analysis, #quewhat is production analysis stion.. #quewhat is production analysis stion..

list the combinations of drinks and bar, You can buy as many drinks as you... You can buy as many drinks as you want at $1 each. You can also buy as many chocolate bars as you want at $2 each. You have $5 to spend. You must buy whole bars and drinks, that is

Marginal Analysis, A clinic uses doctors and nurses optimally and is servic... A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a

Draw the payoff - stock price, Financial engineering deals with the design ... Financial engineering deals with the design of new assets. Draw the payoff (at t=1) of the following bull butterfly spread: Purchase 1 call with exercise price a Sell 2 calls

Managerial economics, how does economic theory contribute to managerial dec... how does economic theory contribute to managerial decisions?