Economic Development and World Debt

Front Matter....Pages i-xxi
Front Matter....Pages 1-1
The International Debt Problem: Prospects and Solutions....Pages 3-21
Surpluses for a Capital-hungry World....Pages 23-26
Misconceptions about External Debt....Pages 27-32
Debt Where Credit is Due....Pages 33-38
If Sisyphus Stops Pushing the Mountain of Third World Debt?....Pages 39-49
International Debts: a Crisis for Whom?....Pages 51-62
Investment, Debt and Growth: a Diversity of Experience....Pages 63-78
International Trade, Protectionism and Third World Debt....Pages 79-85
Innovation, Trade, External Debt and Growth in the World Economy....Pages 87-106
Front Matter....Pages 107-107
The World Bank and the International Monetary Fund: Roles in and Beyond the Debt Crisis....Pages 109-128
The UN Development Decade and the World Debt Problem....Pages 129-134
International Financial System and World Debt: the Issue of Cooperation....Pages 135-150
Financial Globalisation and the LDC Debt Crisis....Pages 151-165
Developing Country Creditworthiness and Financial Market Innovation....Pages 167-180
Debt and World Money....Pages 181-198
Structural Change of International Capital Market Flows in a Historical Perspective....Pages 199-218
Yugoslav External Debt: a Constraint for Macroeconomic Policy....Pages 219-224
Front Matter....Pages 225-225
Debt, Adjustment and Development....Pages 227-238
Food Aid and Structural Adjustment Lending....Pages 239-244
World Debt, Financing, Structural Adjustment and the Official Sector....Pages 245-259
Front Matter....Pages 225-225
The Economic Adjustment Process in Latin America: a Conceptual Evaluation....Pages 261-276
A Perfect Foresight Model of Economic Growth, Inflation and the Balance of International Indebtedness....Pages 277-295
Structural Adjustment and Exchange Rate Policy in Yugoslavia....Pages 297-307
Britain’s Debt Relief Programme....Pages 309-319
The Adjustment Programme and the Perverse Effects of Poverty in Sub-Saharan Africa....Pages 321-334
Front Matter....Pages 335-335
Country Risk Management: How to Juggle With Your Arms in a Straitjacket?....Pages 337-354
The US as the World’s No. 1 Foreign Debtor: Causes and Consequences....Pages 355-367
Mexico: Anatomy of a Debt Crisis....Pages 369-382
Debt Repayment Capacity in Argentina and Uruguay....Pages 383-395
Brazilian Experience with External Debt and Prospects for Growth....Pages 397-412
A Comparative Study of the Economic Development and Debt Problem of Asian and Latin American NICs....Pages 413-421
Is India Overborrowed?....Pages 423-435
The Debt Problem of Eastern and Southern Africa....Pages 437-443
Back Matter....Pages 445-453