The causes and implications of the developing country debt crisis - as well as its solution - all have an important fiscal dimension. The crisis was triggered by the widespread perception that the public sectors in many heavily indebted countries were effectively insolvent in the international environment of the early 1980s. The actual fiscal response to the resulting liquidity crisis involved increased reliance on domestic financing, the inflation...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1993/01/31
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Рабочий документ в рамках исследования вопросов политики
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WPS1073
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1
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1
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2010/07/01
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Fiscal aspects of developing country debt problems and debt and debt-service reduction operations : a conceptual framework
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primary surplus
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