A4

Country selected : IndiaEconomic concern : Eternal debtSource of entropy set : ground Bank websiteThe World Bank website (www .worldbank .org ) contains country wise data on various parameters related to the economy of that countryRelationship between In developing countries , government expenditure would be usually more than than its revenues . In such a scenario , the country may prefer to borrow from external sources when its internal sources of borrowing might not be enough for its expenditure . This need not be bad as this in turn leads to the economic cultivation of the country in the long run only , when the case of India , a bulk of the government revenue will be utilized for the bearing of paying interest for the loans that the government has taken up .

further , as the debt of a country increases , it be knows more and more strong for the country to get fresh loansTherefore we can say that up to a certain extent , external debt could be beneficial to the economic development of a developing country . However if the external debt increases beyond a certain level , it would come in the way of economic progress of the countryTrends in India s fit to World BankEconomic concern 2000 2005 2006A glance at the table higher up reveals that India s external debt over the past...If you want to get a sufficient essay, order it on our website: Ordercustompaper.com

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