The New Manifestations of External Debt in Developing Countries From 2000 to 2019
Downloads
The paper analyzes the new manifestations of external debt in developing countries from 2000 to 2019, author uses the analytical qualitative and quantitative method, the findings are (1) the external debt is trended by groups of country, (2) external debt stocks of PPG long term debt, PNG long term debt rose between 2000 and 2019, (3) The percentage of GDP of External debt stocks decreased, PNG long term debt and short term debt slightly went up between 2000 and 2019, (4) East and South-East Asia and Oceania and Latin America and the Caribbean have exchange the top and second position of highest amount in both 2018 and 2000, (5) Debt service on long-term external PPG of SIDS is helds the biggest amount of debt between 2000 and 2019, (6) The redemption schedules of both High-income countries and Low- and middle-income countries both increased the amount of redemption which is from around 2 to 2.32 tril USD and 0.67 to 1.07 tril USD in 2000 and 2021, respectively. This shows us that at least they have solution how to get resolved their external debt.
Keshmeer Makun, 2021. External debt and economic growth in Pacific Island countries: A linear and nonlinear analysis of Fiji Islands. The Journal of Economic Asymmetries. Volume 23, June 2021, e00197.
https://doi.org/10.1016/j.jeca.2021.e00197
Stucy of Marin Ferry, MarcRaffinot, Baptiste Venet, 2021. Does debt relief “irresistibly attract banks as honey attracts bees”? Evidence from low-income countries’ debt relief programs. International Review of Law and Economics. Volume 66, June 2021, 105978.
https://doi.org/10.1016/j.irle.2021.105978
Gatien Bon, Gong Cheng, 2021. Understanding China's role in recent debt relief operations: A case study analysis. International Economics. Volume 166, August 2021, Pages 23-41.
https://doi.org/10.1016/j.inteco.2021.02.004
Zhenbing Yang, Zhuo Chen, Qi Shi al et, 2021. Does outward foreign direct investment increase debt ratio? Firm-level evidence from China. Structural Change and Economic Dynamics. Volume 57, June 2021, Pages 1-12.
https://doi.org/10.1016/j.strueco.2021.01.004
David Simon in 2020. Debt. International Encyclopedia of Human Geography (Second Edition). 2020, Pages 173-179.
https://doi.org/10.1016/B978-0-08-102295-5.10039-3
SungY. Kwack, 1983. Developments in and Prospects for External Debt Position and Burden of Developing Countries: The Case of Korea. Journal of Policy Modeling 5(3):443-459(1983).
Xuguang Simon Sheng, Rubena Sukaj, 2020. Identifying External Debt Shocks in Low- and Middle-Income Countries. Journal Pre-proofs. S0261-5606(20)30239-4. https://doi.org/10.1016/j.jimonfin.2020.102283
Samson Edo, Nneka Esther Osadolor, Isuwa Festus Dading, 2020. Growing External Debt and Declining Export: The Concurrent Impediments in Economic Growth of Sub-Saharan African Countries. Journal Pre-proof. S2110-7017(19) 30215-X. https://doi.org/10.1016/j.inteco.2019.11.013