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Sovereign Debt at the Crossroads - Challenges and Proposals for Resolving the Third World Debt Crisis (Paperback)
Loot Price: R1,346
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Sovereign Debt at the Crossroads - Challenges and Proposals for Resolving the Third World Debt Crisis (Paperback)
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Recent world events have created a compelling need for new
perspectives and realistic solutions to the problem of sovereign
debt. The success of the Jubilee 2000 movement in raising public
awareness of the devastating effects of debt, coupled with the
highly publicized Bono/O'Neill tour of Africa, and the spectacular
default and economic implosion of Argentina have helped spur a
global debate over debt. A growing chorus of globalization critics,
galvanized by the Catholic Church's demand for forgiveness and
bolstered by recent defaults, has put debt near the top of the
international agenda. Creditor governments and international
financial institutions have belatedly recognized the need for more
sustainable progress on debt as an inescapable step towards
economic recovery in many parts of the world. This book is intended
to advance the dialogue around these issues by providing a
comprehensive overview of the problems raised by debt and
describing new and practical approaches to overcoming them. It will
be the first in more than a decade to bring together under one
cover the voices of prominent members of the international debt
community. It will include pieces from the most relevant
constituencies: from creditors (the IMF/World Bank, government
lenders, private investors) to critics (debtor representatives,
activists, and academics) and analysis from economists, bankers,
lawyers, social scientists, and politicians. As contributions come
from such leading thinkers across a range of disciplines, this book
will offer a timely guide for understanding and influencing the
debt debate.
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