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Article: Medium-term prospects and policy issues in the developing countries. (includes related article)
- Article from:
- World Economic Outlook
- Article date:
- October 1, 1991
CopyrightCOPYRIGHT 1991 International Monetary Fund. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Medium-Term Prospects and Policy Issues in the Developing Countries
Introduction
The developing countries, and in particular those with debt-servicing difficulties, face a number of challenges over the medium term. First, there is concern about the implications of the potential demands on global saving by Eastern Europe, the U.S.S.R., the Middle East, and a few other developing countries. Second, although debt-export ratios generally have fallen and there has been some progress in addressing debt-servicing problems, a number of debtor countries continue to face uncertain prospects for normalizing financial relations with their creditors, and the ...