Foreign debt?

Question

Does foreign debt refer to the inflows a nation recieves to finance its current account deficit? Can it refer to anything else. Thanks.

Answer 1

The first hit on a Google search for
"foreign debt" "current account deficit"
(note the quotes; they ensure that the phrase, not just each word, is present on the site) was a PDF labeled
"Relationship between the current account deficit and foreign debt" with the link
http://www.aph.gov.au/library/pubs/RN/1995-96/96rn40.pdf
What I *don't* know about macro-economics is extensive, but the contents sure look like a good start.
Checking out another dozen or so judiciously selected hits would probably also help.