Economic Issues and Policy 5th Edition by Jacqueline Murray Brux

Exercise 11

Use the World Bank Web site (http://www.worldbank. org) to look up debt information on a developing country of your choice. Look for the debt service ratio, which is the ratio between debt service (annual repayment of debt plus interest) and export earnings and which is written as Total Debt Service/Exports. This ratio is the best indicator of the debt burden of an individual country.