Developing Country Debt and the World Economy.

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, alm...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Sachs, Jeffrey
Format: Électronique eBook
Langue:Inglés
Publié: Chicago : University of Chicago Press, 1989.
Collection:National Bureau of Economic Research project report.
Sujets:
Debts, External > Developing countries.
International finance.
BUSINESS & ECONOMICS > Public Finance.
Debts, External
International finance
Developing countries
debt, income, finance, financial, wealth, inequality, money, international, global, 1980s, poverty, poor, analysis, debtor, crisis, academic, scholarly, research, default, loans, macroeconomy, argentina, case study, bolivia, brazil, regional, mexico, philippines, asia, eastern, east, korea, turkey, south, america, economist, instability, policy.
Accès en ligne:Texto completo
Description
Résumé: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 been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have.
Description matérielle:1 online resource (350 pages)
ISBN:9780226733234
0226733238

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