Tyupa D.I. Methodological principles of assessing the level of international debt by international financial institutions
DOI:
https://doi.org/10.31498/2225-6407.10.2014.36426Keywords:
Washington consensus, external debt, foreign debt crisis, foreign debt.Abstract
The article covers the principles of the Washington consensus in the context of economic reforms in developing countries through international credits and resolve the problem global debt. A negative opinion is given by J. Stiglits on these principles. The nature and mechanisms for providing stabilization programs of the IMF and external debt is analyzed. The impact of IMF adjustment programs on economic development by different economists are presented. The author is analyzes the Washington consensus and the opposite point of view, in particular of American experts M. Kordey and M. Douglas to solve the problem of economic growth and external debt The article analyzes the system of economic indicators recommended by the World Bank concerning the external debt analysisReferences
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