Some insight here: http://www.economist.com/finance/displaystory.cfm?story_id=8752792
Jayson Funke Graduate School of Geography Clark University 950 Main Street Worcester, MA 01610 -----Original Message----- From: PEN-L list [mailto:[EMAIL PROTECTED] On Behalf Of Anthony D'Costa Sent: Wednesday, March 14, 2007 3:44 PM To: [email protected] Subject: Re: [PEN-L] international finance question Good question but I don't think all debts are dollar-denominated. The portfolio of outstanding debts is quite varied--short and long term, concessional and private loans, and grants, and so on. One will have to look at the breakdown of debts to get a sense of this. anthony xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Anthony P. D'Costa, Professor Comparative International Development University of Washington 1900 Commerce Street Tacoma, WA 98402, USA Phone: (253) 692-4462 Fax : (253) 692-5718 http://tinyurl.com/yhjzrm xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx On Wed, 14 Mar 2007, Michael Perelman wrote: > If the Asian economies are propping up the dollar, how much does that policy cost > poor nations that have to pay off debts in dollars? > -- > Michael Perelman > Economics Department > California State University > Chico, CA 95929 > > Tel. 530-898-5321 > E-Mail michael at ecst.csuchico.edu > michaelperelman.wordpress.com >
