Impact of Increased External Debt Servicing on Government Budgetary Priorities: The Case of Argentina
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Authors
Looney, R.E.
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Date of Issue
1987
Date
1987
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Abstract
As external debt servicing has increased, developing countries have been forced to re-evaluate
programs in an effort to curtail government spending. This paper attempts to examine the character of
the sectoral adjustments that have taken place (1961-1982) in the main functional areas of Argentinean
government expenditures. In general, it appears that social services, particularly education and health
along with public administration, have borne the brunt of the government's rising debt service problem.
The social sectors have suffered further due to regime changes, with military regimes tending to cut back
even more severely allocations to the social sectors than normal debt service constraints would have
warranted.
Type
Article
Description
Socio-Economic Planning Sciences, vol. 21, no. 1, 1987.
Refereed Journal Article
Refereed Journal Article
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Citation
Looney, R.E., "Impact of Increased External Debt Servicing on Government Budgetary Priorities: The Case of Argentina," Socio-Economic Planning Sciences, vol. 21, no. 1, 1987.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.