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The external indebtedness of non-oil developing countries has been of growing concern in recent years. Several factors have brought the debt issue to the forefront of the problems facing a number of countries, including the rapid rise in extenal debt in the recent past, changes in the composition of debt (toward a greater proportion owed to commercial banks) and the attendant deterioration in the terms of debt, and the rise in debt service resulting from these developments.

Banks and Banking --- Exports and Imports --- Financial Risk Management --- Inflation --- Money and Monetary Policy --- Industries: Financial Services --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Price Level --- Deflation --- Trade: General --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- International economics --- Finance --- Banking --- Macroeconomics --- Monetary economics --- Public finance & taxation --- External debt --- Debt service --- Debt renegotiation --- Asset and liability management --- Arrears --- Prices --- Bank credit --- Money --- Debts, External --- Banks and banking --- Exports --- Loans --- Credit --- India