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The Cost of Liberalisation
External Indebtedness Capital Rows and Problems
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amount Asian assets average balance of payments billion campaign capital flows cent commercial banks commercial borrowing concessional creditors crisis current account deficits debt burden debt cancellation debt relief debtor countries decade decline Delhi Delhi Science Forum developing countries domestic economic ENRON exports FDI flows figures financial institutions financial liberalisation foreign investment funds Global Development Finance globalisation groups growth guaranteed HIPC important increase indebted countries indebtedness India India's external debt Indonesia inflows interest payments interest rates international capital International Monetary Fund investors Jayati Ghosh JDRAD lenders liabilities loans Malaysia markets ment multilateral outflow Paris Club period portfolio equity present value private capital flows private debt problem PV/GNP PV/XGS ratio reduction repayment rescheduling revenue rise SAPs sector share short term debt social Source South Korea strategies Table Thailand Third World trade transfer World Bank