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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Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1987.
Edice:IMF Working Papers; Working Paper ; No. 1987/041
On-line přístup:Full text available on IMF