Abstract
The Arab countries started by putting plans and programs to the
economic development since 1960's from the past century and because
of the limitation of the local financial resources to the most of these
countries to face the economic development requirements and the
difficulty of getting the local alternative resources go to the
international financial institutions to borrow. The theoretical
justification that the foreign loan supports the local saving and led to
decrease the gap between the saving and investment requirements and
this led to increase the demand and led to arise of foreign debt problem
and increase the financial loads to serve these debts
economic development since 1960's from the past century and because
of the limitation of the local financial resources to the most of these
countries to face the economic development requirements and the
difficulty of getting the local alternative resources go to the
international financial institutions to borrow. The theoretical
justification that the foreign loan supports the local saving and led to
decrease the gap between the saving and investment requirements and
this led to increase the demand and led to arise of foreign debt problem
and increase the financial loads to serve these debts
Abstract
شرعت عدد من الدول العربية ومنذ الستينيات من القرن الماضي بوضع وتنفيذ خطط وبرامج تنوية طموحة، ونظرا لقلة الموارد المالية لمعظم هذه الدول لمواجهة احتياجات التنمية الاقتصادية، وصعوبة الحصول على موارد بديلة محليا، لجأت إلى الاسواق والمؤسسات المالية الدولية لغرض الاقتراض،، وكان المسوغ النظري هو ان الاقتراض الخارجي يعزز الادخار المحلي ويؤدي إلى تقليص الفجوة بين الادخار والاستثمار المطلوب مما ادى الى تزايد الطلب على الاقتراض، الامر الذي ترتب عليه بروز مشكلة المديونية الخارجية وزيادة الاعباء المالية لخدمة هذه الديون بشكل لافت للنظر