Foreign transfers for debt payment were, however, already taken into account in calculating gross national product and net national income, so that if the gross national product were taken as the measure of income for calculating the scale, debt burden adjustment was already taken into account to some extent.

Bulgaria has been able to reduce its foreign debt from over 100 per cent of gross domestic product to about 38 per cent in March this year.

3. Foreign debt (paras. 189 198)

Debt instruments linked to a foreign currency

IV. Foreign debt, expansion of grant financing

This distinction between foreign and domestic debt is particularly important in the context of the euro crisis, because eurozone countries cannot devalue to increase exports if this is required to service foreign debt. And the evidence confirms that the euro crisis is not really about sovereign debt, but about foreign debt.

b Total public debt denominated in pesos and foreign currency.

foreign debt and, in particular, on the implementation of the

The Territory's foreign debt stood at 50 million, while the domestic debt was estimated at 40 million.5

There have been reductions in the ratios of debt to gross national income and debt service to export earnings since 2000, due to strenuous efforts at repayment by developing countries and some debt relief.

Special communiqué on the swapping of foreign debt for investment in education

adequate standard of living foreign debt, economic adjustment policies and their effects

For starters, when it comes to public debt, there is a big difference between the gross and net figures. While Japan s gross public debt, for example, is a massive 246 of GDP, the net figure, accounting for intra government debts, is 127 of GDP.

Most economists failed to foresee the economic dynamics that actually led to the crisis, because they failed to pay enough attention to the rapid increase in US total debt. Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

In addition, however, the level of external debt, the debt service burden, and the availability of foreign assistance assume particular importance in Africa.

The growth of foreign debt is certainly a negative facet of that indispensable aid.

Structural problems such as the economic consequences of foreign debt have to be acknowledged.

Short term debt as a percentage of foreign exchange reserves fell moderately during 1997.

Debt levels remain crippling, amounting to more than 100 per cent of the gross domestic product of the Solomon Islands.

In view of their debt servicing difficulties, African countries must rely on non debt creating flows, especially ODA and (private) foreign direct investment (FDI).

Some of these crises are clearly reflected in worsening unemployment, increased debt burden, falling prices for commodities exported by African countries, inadequate foreign investment and declining foreign assistance, which stands at barely 0.22 per cent of the gross national product of developed countries, despite the fact that the amount agreed upon is 0.7 per cent.

However, because of improved economic performance in the debtor countries, the overall ratio of debt to exports and the ratio of external debt to gross domestic product had declined to their lowest levels since the onset of the debt crisis.

(a) Problems related to the right to enjoy an adequate standard of living foreign debt,

The unemployment rate was above 10 per cent, and Hungary had a considerable foreign debt.

This could affect the assessment of the government s debt servicing capacity and foreign assistance requirements.

In general, the Gulf Cooperation Council countries maintain low or modest external debt stocks and debt to GDP ratios and have accumulated substantial foreign assets.

Spain has also adopted measures on foreign debt that will enable our country to participate actively in multilateral debt cancellation initiatives for highly indebted poor countries.

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights

In matters of foreign debt, Spain wants to go beyond the requirements set by international agreements.

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights

They lacked basic infrastructure, both physical and human, and were beleaguered by lingering foreign debt problems.

In that case, the rescue package covered about 60 per cent of short term foreign debt.

This reality, added to the foreign debt and debt servicing, represents serious difficulties affecting the degree of fulfilment of the Government apos s obligations under the Convention.

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights 3

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights 72

Effects on the full enjoyment of human rights of the economic adjustment policies arising from foreign debt

Debt relief provided to countries with debt arrears merely amounts to an accounting exercise.16 ODA in the form of non cash assistance and debt relief17 does not bring additional budget support or foreign exchange transfer.

As a result, when the dollar depreciates against the renminbi, the value of China s foreign liabilities increases in dollar terms, while that of its foreign assets remains unchanged. As a result, China s net international investment position (NIIP), which is the difference between China s gross assets and its gross liabilities, automatically worsens.

In a closed economy, to every credit there must a corresponding debt. But consider individual countries some run a large foreign debt, while others maintain a large creditor position.

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights 10 3

Effects of economic reform policies and foreign debt on the full enjoyment of all human rights 10 74

Resolution 2005 19. Effects of economic reform and foreign debt on the full enjoyment of all human rights

The problems associated with foreign direct investment and the debt situation in developing countries also deserved serious review.