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Since the 1900's and maybe even beyond over 100 countries have been sinking in debt and what causes this is either the leader of that country are always taking loans out from the International Monetary Fund, other countries, and the World bank and when they receive the money they don't try to help there citizens with clean water, jobs for the adults, education for the children they go to pay another loan back from whom soever they have borrowed it from, another reason countries go into debt is because of there dictators or leaders commiting kleptocracy by taking money from there people or by using the loans they've received from another corporation and use it for there own purposes.

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Q: Why do developing countries go into debt?
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Related questions

How many developing countries are in debt?

their are 192 countries and a very large percentage are developing countries that are in debt.


How do poor countries get into debt?

because all their money go


What continent has most developing countries?

Africa has the most developing countries.


How many students do not go to school in developing countries?

All but you XD


What percent of countries are developing?

152/197 countries are developing countries, so that would be 77% of all countries are developing ones.


How does developed countries help the developing countries?

By selling their products to developing countries.


If all the nations in the world are in debt where did all the money go?

Not all the countries are in debt, just some of them. The money is still there. It didn't disappear or go anywhere.


Are most countries in Africa developed or developing?

Sudan is a developing country.


What is third world debt fundraising activities?

Third world debt fundraising activities refer to fundraising efforts that aim to raise funds to address the issue of debt in developing countries. These activities can include organizing charity events, campaigns, and initiatives to raise awareness about the issue and gather financial support. Funds raised are typically used to provide debt relief or support social and economic development in these countries.


What are the purposes of incurring public debt by a developing country?

Well, the developing country is dangled a carrot that they feel is worth going into debt, at interest, to receive. In reality, countries are generally forced into a position where they must take these loans by the Rothschild central bank, thus enslaving them in usury, and worse, and opening the country up to exploitation.


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 .


Questions about multinational companies in developing countries?

What are the advantages of multinational companies to the developing countries?