- 2077-2599 (online)
The OECD Development Centre links OECD members with developing and emerging economies and fosters debate and discussion to seek creative policy solutions to emerging global issues and development challenges. OECD Development Centre Policy Insights is a series of policy-oriented occasional papers drawn from the Development Centre’s Work Programme. All titles are generally available in the two official languages of the OECD: English and French.
The Fallout from the Financial Crisis (2)
External Debt Sustainability Should More Be Done for the Poor?
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- Annalisa Prizon1
- Author Affiliations
- 1: OECD, France
- 01 Dec 2008
- Bibliographic information
Since the credit crisis first erupted, relatively little attention has been given to the consequences of the financial crisis on low-income countries’ indebtedness. Although in recent years developing countries as a group have benefited from increasing private flows (particularly FDI and remittances), many low-income countries are still heavily dependent on external official aid and debt flows.