Optimal Borrowing Policies for Developing Countries : The Cases of Korea, the Philippines, and Thailand.

This paper develops a theoretical framework for analyzing external debt policies of developing countries and applies it to assess the cases of three Asian countries, namely Korea, the Philippines, and Thailand. The 'optimal debt policy' for a developing country is characterized in the firs...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1987.
coleção:IMF Working Papers; Working Paper ; No. 1987/041
Acesso em linha:Full text available on IMF