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...

Descripción completa

Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1987.
Colección:IMF Working Papers; Working Paper ; No. 1987/041
Acceso en línea:Full text available on IMF