6533b7d1fe1ef96bd125c462
RESEARCH PRODUCT
How to pay for the debt — Coping with the Third World's crisis
Paul-günther Schmidtsubject
MacroeconomicsEconomic policyEconomics Econometrics and Finance (miscellaneous)Debt-to-GDP ratioDebtorExternal debtDebt service coverage ratioIndebtednessEconomicsddc:330Business Management and Accounting (miscellaneous)Internal debtDebt levels and flowsDebt crisisSenior debtdescription
The Brady Plan is the first official proposal to give priority to a tangible reduction in the debtor countries' debt service burden and is thus a milestone along the path towards overcoming the international debt crisis. However, the instruments foreseen in the Plan virtually invite criticism and scepticism. What are the main inadequacies of the Brady Plan? How can the international debt strategy be developed further and made more effective?
| year | journal | country | edition | language |
|---|---|---|---|---|
| 1990-01-01 |