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because all their money go
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∙ 12y ago
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why credit is extended for rich countries not to poor countries?
They have already resourses to pay their debt
Who does third world debt effect?
It affects countries that have to pay other countries because they r so poor
What are the third world debt countries?
the contries with 3rd world dept are the ones who are poor
Why SHOULD debt relief be given to poor countries?
To reduce the number of gooks and spooks getting in to our country
The IMF works in conjunction with what other financial institutions to help poor countries?
The IMF works cooperatively with the World Bank, other international organizations, individual countries, and private lenders to assist poor, debt-ridden countries.
How many developing countries are in debt?
their are 192 countries and a very large percentage are developing countries that are in debt.
What is third world debt?
third world countries which are in debt to countries which have more money and material. Third world is when devolving countries are in debt. countries like Africa which have no money or materials .
What does third world debt?
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
How poor are the poor?
The poor is the poor because they could tax problems, debt problems, or even worse.
How does a country in debt make people poor?
It takes their money in order to get out of debt.
How is the earthquake that struck Haiti affecting the country?
The city's buildings have all collapsed, Haiti, which is a pretty poor country, will be in debt to other countries, the list goes on and on.
Which countries are not in debt?
There are no countries that are completely debt-free. However, some countries have very low levels of debt compared to their GDP, such as Brunei, Macao, and Liechtenstein.
