But any responsible economist has to recognise that, past a point, it can lead to some combination of excessive foreign borrowing, inflation and even financial crisis. (larrysummers.com)
Asian lands reacted to the 1997 - 1998 crisis by cutting foreign borrowing and building foreign currency reserves. (mauldineconomics.com)
Issue of Government of Canada Loans and Securities Description: Information on the domestic and foreign borrowings by the Government of Canada for which the Bank of Canada acts as fiscal agent or participates as an advisory body. (bankofcanada.ca)