01058nam a2200133Ia 4500 11.02.02 C734 Persistent indebtedness : the need for further action Commonwealth Secretariat LondonGB 1987 v, 37 p. Bibliography: p. 21-22 Discusses the international debt situation focusing on the relationship between the financial system and debt service, the mechanism for ensuring that the interest on debt is serviced, and the debt problems of low-income countries. Outlines four aspects of the approach to debt management viz. the creation of favourable international economic conditions, rescheduling, greater emphasis on net financial flows to seriously indebted countries under the Baker plan, and adjustment by debtor countries. Proposes a way forward for resolving developing countries debt problems which include inter alia, increased capital flows to developing countries, debt relief, and special arrangements for low-income debtors. 3/7/00 M2LMGR M C734 14779 14779 0 0 0 0 CRCM CRCM 2023-05-04 0 11.02.02 C734 0000000008793 2023-05-04 00:00:00 2023-05-04 M