INTERN. ATI01 ^ALfN DEBT1 £DNES iS 59 AI »PENDIX Europe & Mediterranian: 1974 1976 1978 1979 1980 1981 1982 1988 Debt, outstanding Disbursements 18.3 4.2 24.5 6.1 87.9 8.9 48.8 18.9 59.5 14.6 64.1 12.5 68.6 12.4 78.4 11.0 Interest Payments Amortization 0.8 2.1 1.0 2.4 1.6 8.0 2.4 5.0 8.5 5.0 5.0 5.7 5.9 6.1 5.9 6.8 Total Debt Service 2.9 8.4 4.6 7.4 8.5 10.7 12.0 12.2 Payments Debt Service as % 15.2% 15.7% 15.7% 20.4% 18.9% 21.4% 24.8% 25.7%» of Exports Net transfer as % of Disbursement 81.0% 55.9% 51.7% 46.9% 42.0% 14.7% 8.4% (• -)10.2% All Regions: Debt, outstanding Disbursements 135.4 86.4 194.9 49.8 801.2 80.6 855.1 95.8 411.6 97.5 470.1 114.2 525.6 105.6 597.6 86*4 Interest Payments Amortization 6.6 18.1 9.0 16.9 15.6 81.9 22.7 40.9 80.7 40.4 88.7 44.8 45.8 45.8 44.6 40.7 Total Debt Service 19.7 25.9 47.5 68.6 71.1 88.0 91.'! 85.4 Payments Debt Service as % 18.7% 15.5% 21.8% 21.7% 18.6% 20.6% 24.2%* 25.%* of Exports Net transfer as % 45.9% 48.0% 41.1% 33.3% 27.1% 27.4% 18.7% 1.2% of Disbursement « NOTE •Estimated. SOURCE : World Bank, 1984/85. 1. Refers to 104 developing countries which report to the World Bank under the Debt Repon-i* ing System (DRS). For all countries including those not reporting through DRS, the total outstanding debt at the end of 1988 was $ 848,000 million. 2. All references to $ are to the US dollar, unless otherwise specified. 3. Outstanding debt has three components. Long-term, medium-term and short-term debt." Short-term debt is defined as loans having a maturity of less than one year. 4. All growth rates used here are exponential growth rates. 5. Actual transfer of resources, termed ** Net Transfer** in World Bank. literature, is the increase in net indebtedness less interest payments. 6. Data used in the proceeding section are from World Bank, 1984, p. 19. 1984/5. pp. ix, ix, 2-5. U Mir^al i^«Ttfr chandra, eft. at, p. 68.