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FINANCIALLY TROUBLED BORROWERS: PROSPECTS FOR DEBT RESCHEDULING
for a number of other countries, including Chile, East Germany, Hungary, Peru, the Philippines, and Yugoslavia. ... In addition, many countries-such as Mexico and Chile-opted to borrow heavily to maintain domestic consumption ... 25 1 Philippines 16 5 Chile 14 3 Romania a Yearend 1981. b Some analysts believe Brazil's ...