Last modified on 13 August 2014, at 11:34

SIMIC

EnglishEdit

EtymologyEdit

As defined by the World Bank in 2004.

AcronymEdit

SIMIC

  1. (macroeconomics) Severely Indebted Middle Income Country.
    A country with an annual income of between $736 and $9,075 per capita, a debt ratio of at least 80%, and a debt/export ratio of at least 220%.

ReferencesEdit