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Paperback Developing Country Debt and the World Economy Book

ISBN: 0226733394

ISBN13: 9780226733395

Developing Country Debt and the World Economy

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Format: Paperback

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Book Overview

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has...

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