MCQs of Economics – The External Debt and Financial Crises

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 public official development assistance

Which of the following is Not true about external debt?

Which of the following country did not experience large capital flights from 1976 to 1984?

Which of the following is will NOT reduce capital flight from source countries?

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

The debt-service ratio is the

Net transfers are

Which of the following country was not a major LDC debtor in 2001?

Which of the following countries were Not beneficiaries of jubilee 2000 write-downs and concessional funds?
I- Cote d’lvoire
II- Ethiopia
III- Nigeria
IV- Sierra Leone

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

Initial conditions in the year before the crisis in Thailand Indonesia Malaysia the Philippines and Korea in 1997 indicate that
I- capital inflows/GDP were very low
II- Nonperforming bank loan ratios were high
III- current account deficits were high
IV- credit growth was fast

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:

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

Which of the following statement is Not true?

Mosley Harrigan and Toye refer to the IMF and World Bank as

The Baker plan (1985) stressed ____ and the Brady Plan (1989) emphasized ____ respectively

The policy cartel on debt reduction refers to the

Highly-indebted poor countries (HIPCs) include
I- Bolivia
II- Benin
III- Uganda
IV- Tanzania

In 1990, during the Persian Gulf War, the U.S government extended generous terms to two middle-income countries by canceling or reducing their debt The two countries were