Financial Reflections of External debts A Case-study for selected Developing countries (1990-2008)

Abstract

The problem of financial decrease and the disability to manage financial incomes needed to finance the general burdens in spite of following monetary policies and the expanded credits lead to privatization and this make the country fall in external indebtness, These debts consume great ratios of the budgets of the indebted countries especially the rang of external indebtness which is equal the double of G.D.P. in some developing countries and the Arabs in particular. Therefore, these countries third to practice the programs of economic reform, which resulted in desired financial effects in diminishing the levels of external indebtedness for the period after 1991.

Keywords

• foreign debt
• financial implications of foreign debt
• foreign debt processors