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What is Foreign Debt Management?
Debt management considers as to the arrangements made to:
• Protected the suitable amount of borrowing to deliver growth
• Ignore excessive indebtedness than the country cannot both service debt and develop
• Make sure a current account surplus to enable $ interest payments onto the loan
• Repay the loan again itself.
How does economic system influence the development process? The development experience of free market or capitalist and command as socialist/communist countries is extremely d
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