Abstract
A pressing challenge to economic survival faced by Third World economies since theearly 1980's has been the huge debt repayment problem. In 1985, the World Bank declared that the Third World debt had passed the one trillion U.S. dollar mark (see Appendix A and B), which was equivalent to 45% of the developing countries' combined annual output of goods and services. By the end of 1990, this Third World debt is estimated to reach U.S. $1.3 trillion.
Recommended Citation
Segui-Belleza, Evelyn
(1990)
"Comparative Survey Of Debt Conversion Schemes Among Selected Third World Countries,"
DLSU Business & Economics Review: Vol. 3:
No.
1, Article 3.
DOI: https://doi.org/10.59588/2243-786X.1467
Available at:
https://animorepository.dlsu.edu.ph/ber/vol3/iss1/3
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