The financial needs of corporations are generally met by borrowing in financial markets and equity participation of investors. In a similar way countries are able to obtain necessary external financing through international loans or by attracting foreign direct investment. In the case of...

The persistent debt crisis of mayor LDC-borrowers has led to various proposals on how to ease or even solve these problems. Most suggestions have in common that they concentrate on restructuring the old loans and suggest approaches to higher future lending . These proposals are based on the...

The persistence of the.international debt crisis has given rise to considerations that foreign direct investment (FDD should play a larger role in the financing of less developed countries (LDCs) in the future. FDIs may provide external financing for developing countries even in times when new...