ISSN: 2349-5162

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Published in:

Volume 2 Issue 5
May-2015
eISSN: 2349-5162

Unique Identifier

JETIR1701057

Page Number

480-491

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Title

DEBT CRISIS OF THIRD WORLD: CAUSES AND CURES

ISSN

2349-5162

Cite This Article

"DEBT CRISIS OF THIRD WORLD: CAUSES AND CURES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.2, Issue 5, page no.480-491, May 2015, Available :http://www.jetir.org/papers/JETIR1701057.pdf

Abstract

It has been well established that external debt of developing countries increased manifold over the past three decades. There has also been corresponding rise in the debt service payments and other related variables showing pressure of debt on developing world. There have been many factors which exerted their influence on debt from time to time and consequently the problem continued to become more severe. The factor behind the increase in the debt burden have varied but are interrelated. A number of studies have summarized both external as well as internal factors responsible for debt problem to accentuate. mobilisation of domestic resources, longer term loans, productive use of resources etc are required to contain the problem.

Key Words

Debt, Development, Long Term

Cite This Article

"DEBT CRISIS OF THIRD WORLD: CAUSES AND CURES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.2, Issue 5, page no. pp480-491, May 2015, Available at : http://www.jetir.org/papers/JETIR1701057.pdf

Publication Details

Published Paper ID: JETIR1701057
Registration ID: 199268
Published In: Volume 2 | Issue 5 | Year May-2015
DOI (Digital Object Identifier):
Page No: 480-491
ISSN Number: 2349-5162

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Cite This Article

"DEBT CRISIS OF THIRD WORLD: CAUSES AND CURES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.2, Issue 5, page no. pp480-491, May 2015, Available at : http://www.jetir.org/papers/JETIR1701057.pdf




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