الكلمات الرئيسة : Foreign indebtedness
مجلة دراسات اقلیمیة,
السنة 10, العدد 34, الصفحة 7-31
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.
The foreign debt size that accompany of increasing in payments of these debts exhausted large ratio of local resources in addition to the flowed foreign resources to the Arab countries of which the sample of study and that led to decrease the net flowing size for these resources then the weaken of its effectiveness to achieve the aims and to destroy a large ratio of its export then revenue to serve its foreign debt and weaken its ability for import the required wants to continue the economic and social development process. This led to increase the demand of loans to save these requirement which increase the debt size and make it most dangerous and large probability to negative effects on many of economic variables.
This study aims to analysis the foreign debt size for some Arab countries such as, Tunisia, Sudan, Morocco and Yemen. Started from the hypothesis says that the debt size for these countries and its ratios in macroeconomics variables take an increasing form and its trends going against the Arab debt through the study period .