MANAGEMENTUL DATORIEI EXTERNE STUDIU COMPARATIV
External debt management. Comparative study

Summary/Abstract: The external debt crisis that is a problem on the agenda of more and more countries from all over the world highlights the necessity of major restructuring in the area of international relations. The need for external credits is a reality more and more sought by countries. Still the political decision makers should use these loans especially for increasing the productive capital. The capacity of a country to contract loans depends mostly on the GDP growth. The costs involved for an external loan might surpass the level of the international interest rate for loans. In most cases there is a positive number as the difference between the interest level at whom the country contracts the loan and the level of the international interest rate, difference that varies due to some country risk indicators, such as the ratio between “debt/GDP”.

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