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Developing Country Debt: Pergamon Policy Studies on Socio-Economic Development

Developing Country Debt: Pergamon Policy Studies on Socio-Economic Development

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Developing Country Debt: Pergamon Policy Studies on Socio-Economic Development

Lunghezza:
251 pagine
9 ore
Pubblicato:
May 19, 2014
ISBN:
9781483157849
Formato:
Libro

Descrizione

Developing Country Debt presents a variety of views and perspectives on the topic of debt in developing countries, with emphasis on the revolutionary effects of the post-1973 OPEC oil prices on the world's economic system. The book shows how the problem of developing country debt has become inexorably intertwined with the successful functioning of the global economic system.
This book is comprised of 14 chapters and opens with a historical overview of developing nations' debt before turning to LDC debt since the 1973 OPEC price increases and the developing countries' abilities to carry debt. The myths of debt are also analyzed from a banker's perspective. The next section presents case studies detailing the economic and political conditions of selected countries with substantial debt and varying degrees of economic difficulty, including the Philippines, Jamaica, Turkey, and Peru. The remaining chapters examine alternative proposals for debt relief and place the analysis of developing country debt in a broader, global context. LDC debt is considered from three perspectives: the development needs of LDCs; the safety and soundness of United States banks; and the U.S. national interest. The role of the International Monetary Fund as a lender of last resort is also considered. The final chapter assesses the implications of debt for trade and the prospects for world economic growth.
This monograph will be of interest to economists, bankers, politicians, and policymakers.
Pubblicato:
May 19, 2014
ISBN:
9781483157849
Formato:
Libro

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Developing Country Debt - Elsevier Science

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