Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why might some developing economies experience a foreign debt crisis?

crisis debt developing Economics economies experience foreign social
0
Posted

Why might some developing economies experience a foreign debt crisis?

0 CommentsAdd a Comment

1 Answer

0

Developing economies such as China or Brazil rely on income from exports to maintain their rate of development. If countries to whom they export are suffering a debt crisis then they will be less likely to purchase as much of the exports thus slowing down the economic growth.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123