Foreign Debt/National Development Conflict

Foreign Debt/National Development Conflict

by Chris C. Carvounis
     
 

Carvounis reviews the debt-servicing problems of developing countries, focusing on the experience of nine cases, mostly in Latin America. He stresses the adverse impact on the development prospects of these countries resulting from the adjustment policies that they have been required to pursue. Carvounis criticizes the current austerity-oriented approach to

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Overview

Carvounis reviews the debt-servicing problems of developing countries, focusing on the experience of nine cases, mostly in Latin America. He stresses the adverse impact on the development prospects of these countries resulting from the adjustment policies that they have been required to pursue. Carvounis criticizes the current austerity-oriented approach to restoring orderly debt-servicing, maintaining that his emphasis is leading to severe economic, political, and social problems within these countries. He argues that the economic capacity and political will of borrowing countries to continue this route is dissipating.

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Product Details

ISBN-13:
9780899301556
Publisher:
ABC-CLIO, Incorporated
Publication date:
09/23/1986
Pages:
274
Product dimensions:
6.00(w) x 9.00(h) x 0.75(d)

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