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FOREIGN DEBT (3) answer(s).
 
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ID:   050369


Economics of arms imports after the end of the cold war / Brzoska, Michael April 2004  Journal Article
Brzoska, Michael Journal Article
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Publication April 2004.
Key Words Arms Control  ;  Arms Trade  ;  Military Aid  ;  Import Finacing  ;  Foreign Debt 
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2
ID:   095380


Political institutions and foreign debt in the developing world / Oatley, Thomas   Journal Article
Oatley, Thomas Journal Article
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Publication 2010.
Summary/Abstract Why did some developing country governments accumulate large foreign debt burdens in the late twentieth century while others did not? I hypothesize that variation in foreign indebtedness is a product of the impact of regime type on government borrowing and investment decisions. Autocratic regimes will borrow more from foreign lenders and invest fewer of these funds in public goods than democratic regimes. Consequently, autocracies are more likely to develop large foreign debt burdens than democracies. I test this hypothesis by estimating error correction models against a sample comprising 78 developing countries between 1976 and 1998. The analysis suggests that autocratic governments accumulated substantially larger foreign debt relative to their national income than democratic governments. The analysis has implications for the likely consequences of contemporary debt relief initiatives.
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3
ID:   146665


Sri Lanka's post-civil war development challenge: learning from the past / Athukorala, Prema-chandra   Journal Article
Athukorala, Prema-Chandra Journal Article
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Summary/Abstract The end of the ethnic conflict in Sri Lanka in 2009 generated widespread expectations of a period of sustained economic growth, building on the achievements of the liberalization reforms over the three previous decades. However, recent developments have dampened that optimism, rekindling fears that Sri Lanka's tale of missed opportunities may continue. The analysis in this paper suggests that the return to the failed past policies of inward-oriented development strategies offers no viable solutions for the economic problems confronting Sri Lanka.
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