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Future financing needs of the highly indebted countries (Inglés)

Under base scenario assumptions, the authors estimate that the Baker 17 countries will require about $ 18 to $ 20 billion of net new disbursements annually to reverse recent investment trends and bring about modest growth in per capita incomes. The most significant shortfall is in commercial bank lending. Without an adequate burden sharing arrangement, it is unlikely that official creditors would be prepared to assume a disproportionately large exposure...
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