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Exact(11)
After 9/11, Pakistan's external debt burden declined sharply.
The swap involves alleviating a country's external debt burden in exchange for that country investing the equivalent amount of resources into specified nature conservation programs or activities.
There were growing economic difficulties in the 1980s, including a heavy external debt burden, escalating costs of food and fuel imports, and erratic mineral-export production.
In 1985, García came to power in the midst of a severe economic crisis, with the economy in recession and the public sector staggering under a massive external debt burden.
Although Pakistan faces an external debt burden of $8 billion this year, the first payments to China as part of the Belt and Road Initiative come due in 2019, with $1 billion owed, officials say.
Mexico's economic transformation was successful in reducing inflation, maintaining fiscal discipline, reducing its external debt burden, and increasing trade as a share of GDP (Hanson 2010).
Similar(49)
The existence of heavy external debt burdens has also tended to force the pace of structural adjustment programmes; the costs of adjustment are a rising function of the speed of adjustment and growth usually suffers more with shock-treatment adjustment.
Then we take into account the endogeneity of the lagged dependent variables among the regressors together with some economic and fiscal variables (GDPpc, fiscal burden, external debt and FDI inflow), using the first-differenced GMM and the system GMM estimators.
We also assumed that GDP per capita, fiscal burden, external debt and FDI inflow may have a reverse causality with social expenditures, i.e. that those variables may affect and be affected by social expenditures.
The document said, "We ask you to remember those corners of the world which receive no media coverage and where our brothers and sisters are dying from famine and lack of medicine," and again pressed rich countries to ease the burden of external debt on poorer ones.
We assume that social expenditures may affect and be affected by GDPpc, FDI inflows, fiscal burden and external debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com