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Commodity price instability and debt-linking by developing countries.(Research Notes)(Brief article)

Publication: International Advances in Economic Research
Publication Date: 01-AUG-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Most developing countries borrow in world capital markets. Typically this borrowing is denominated in one of the major currencies and requires periodic servicing. The foreign exchange required to meet the service obligation is often dependent on the export of one or a small number of This...

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...commodities. demand usually...

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