chart of government debts, partly because of the devastating earthquake and tsunami of March 2011, the worst natural disaster in the country's history. However, it is common for LEDCs to pay more for financing their public debts, partly due to the high interest rates imposed and partly due to a fall in the value of their currency. This makes repayment of public debt increasingly unsustainable for LEDCs, leading to further borrowing, ever-increasing debts and widespread poverty.