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The External Debt and Financial Crises

The policy cartel on debt reduction refers to the_______________?

The policy cartel on debt reduction refers to the_______________?

A. screening of debtors based on their regional location
B. World Bank requiring LDCs seconded by a DC to get loan reduction
C. loan denial to crisis-stricken highly indebted countries
D. None of the above

The policy cartel on debt reduction refers to the_______________? Read More »

Economics Mcqs, The External Debt and Financial Crises

Mosley Harrigan and Toye refer to the IMF and World Bank as________________?

Mosley Harrigan and Toye refer to the IMF and World Bank as________________?

A. excessively committed to writing down LDC debt
B. a managed duopoly of policy advice
C. a U.S monoply
D. the initiator of HIPCs debt forgiveness

Mosley Harrigan and Toye refer to the IMF and World Bank as________________? Read More »

Economics Mcqs, The External Debt and Financial Crises

Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________?

Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________?

A. unrealistic for IMF to intervene in the financial markets of poor countries during the crisis
B. impractical for the IMF to loan short term as reforms can only be effective in the middle to long run
C. crucial that the IMF intervene in the reform of fiscal policy of the country and not the monetary policy
D. None of the statements above is correct

Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________? Read More »

Economics Mcqs, The External Debt and Financial Crises

Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ?

Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ?

A. Structural adjustment loans
B. sectoral adjustment loans
C. internal adjustment loans
D. external leverage loans

Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ? Read More »

Economics Mcqs, The External Debt and Financial Crises

Which of the following factors potentially increased the vulnerability to the 1997 Asian financial and currency crisis ?

Which of the following factors potentially increased the vulnerability to the 1997 Asian financial and currency crisis ?

A. trade account surplus
B. massive reverse outflows of capital
C. technological transfer from DCs
D. Symmetric informational in financial market

Which of the following factors potentially increased the vulnerability to the 1997 Asian financial and currency crisis ? Read More »

Economics Mcqs, The External Debt and Financial Crises

Net transfers are______________?

Net transfers are______________?

A. investment loans, and grants from overseas minus international resource outflows
B. net international resource flows minus net international interest payments and profit remittances
C. international resource outflows minus international balance of payments and profit remittances
D. foreign direct investment inflow minus investment loans and grants from overseas

Net transfers are______________? Read More »

Economics Mcqs, The External Debt and Financial Crises

Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ?

Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ?

A. Singapore (1994)
B. Mexico (1994)
C. Russia (1998)
D. Brazil (1998)

Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ? Read More »

Economics Mcqs, The External Debt and Financial Crises

A country’s total external debt (EDT) includes ?

A country’s total external debt (EDT) includes ?

I. short term debt with a maturity of one year or less
II. long-term debt with a maturity of more than one year
III. repurchase obligations to the IMF
IV. IV public official development assistance
A. I and II only
B. III and IV only
C. I, II and III only
D. I, II and IV only

A country’s total external debt (EDT) includes ? Read More »

Economics Mcqs, The External Debt and Financial Crises