Series: Occasional Papers
Author(s): Benedicte Christensen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 December 1994
Keywords: balance of payments, external debt, world market, terms of trade, debt-service obligations
External developments in recent years can be illustrated by the net savings balance with regard to the rest of the world (Table 1). The balance on goods and nonfactor services reflects, by definition, the di...