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Re: international finance question
Good question but I don't think all debts are dollar-denominated. The
portfolio of outstanding debts is quite varied--short and long term,
concessional and private loans, and grants, and so on. One will have to
look at the breakdown of debts to get a sense of this.
anthony
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Anthony P. D'Costa, Professor
Comparative International Development
University of Washington
1900 Commerce Street
Tacoma, WA 98402, USA
Phone: (253) 692-4462
Fax : (253) 692-5718
http://tinyurl.com/yhjzrm
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On Wed, 14 Mar 2007, Michael Perelman wrote:
If the Asian economies are propping up the dollar, how much does that policy cost
poor nations that have to pay off debts in dollars?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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