Abstract

The process of economic development in developing countries requires large amounts of capital to implement economic programs and plans, and since the investments carried out by these countries during a certain era, more than the domestic financial resources achieved, the difference must be financed through a net flow of foreign capital (loans and assistance) inward during the same period, for the purpose of closing the gap in domestic resources intended for investment, and some developing countries have suffered from them (Jordan, Egypt, Egypt) Lebanon, Yemen, like other developing countries, continues to suffer from limited resources for investment, which has led them to rely on foreign capital represented by external loans, to meet the requirements of the development process, so that the process of paying (premiums + interest) has become a burden on their economies, and using these funds these countries seek to correct structural imbalances in their economies, or achieve the desired structural transformations during their development process. The study produced many results, perhaps the most important of which is the analysis of the economic measurement model of the impact of independent variables in the selected structural indicators, indicating the importance of these variables and their role in achieving structural transformations in the economies of those countries, and that the structural transformations that have taken place in most economies of developing countries, due to the flow of external loans that have not taken the context of the transition from the agricultural sector to the industrial and service sectors.