01178nam a2200145Ia 4500080001800000245005800018260004500076300001300121500002700134520071500161583001900876942001200895999001700907952010800924 a11.02.02 C734 aPersistent indebtedness : the need for further action bCommonwealth SecretariataLondonGBc1987 av, 37 p. aBibliography: p. 21-22 aDiscusses 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. c3/7/00kM2LMGR cMmC734 c14779d14779 00104070aCRCMbCRCMd2023-05-04l0o11.02.02 C734p0000000008793r2023-05-04 00:00:00w2023-05-04yM