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Consider the Following Hypothetical Data for a Developing Country Does This Country Have a Debt Crisis? What Additional Pieces

Question 19

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Consider the following hypothetical data for a developing country:  Year  Total Debt ($ bn)  Debt/Export (%)  GDP Growth  Inv. Growth 161340.6%1.0%26.51472.9%1.1%371595.1%1.6%47.51746.4%2.4%581981.1%0.6%\begin{array}{ccccc}\text { Year } & \text { Total Debt (\$ bn) } & \text { Debt/Export (\%) } & \text { GDP Growth } & \text { Inv. Growth } \\\hline 1 & 6 & 134 & 0.6 \% & -1.0 \% \\2 & 6.5 & 147 & 2.9 \% & 1.1 \% \\3 & 7 & 159 & 5.1 \% & 1.6 \% \\4 & 7.5 & 174 & 6.4 \% & 2.4 \% \\5 & 8 & 198 & 1.1 \% & -0.6 \% \\\hline\end{array} Does this country have a debt crisis? What additional pieces of quantitative or qualitative evidence(if any)would help you to decide?

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