their are 192 countries and a very large percentage are developing countries that are in 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 .
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the difference between debt retirement and debt forgiveness is that one is paid off by the country who is able to pay off the debt and the other is an amnesty given to remove the debt for countries who cannot afford to pay it off.
In most countries, being in debt (or rather being unable to repay debt) is not a crime, you cannot be arrested or imprisoned for it.
their are 192 countries and a very large percentage are developing countries that are in 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 .
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
The public debt is the debt that the United States government owes to other countries.
All countries have some sort of debt.
Many, but the highest debt it has is to itself...
Although many countries in various regions are affected by third world debt, some of the most heavily impacted nations include countries in sub-Saharan Africa, Latin America, and parts of Asia. These countries often struggle to meet debt repayment obligations, which can hinder their economic development and perpetuate cycles of poverty.
Switzerland and the Vatican
no national debt.
Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.
Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the difference between debt retirement and debt forgiveness is that one is paid off by the country who is able to pay off the debt and the other is an amnesty given to remove the debt for countries who cannot afford to pay it off.
They have already resourses to pay their debt