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...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1987.
Serier:IMF Working Papers; Working Paper ; No. 1987/041
Online adgang:Full text available on IMF