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From the Debt Crisis to Sustainable Development - Changing Perspectives on North-South Relationships (Hardcover)
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From the Debt Crisis to Sustainable Development - Changing Perspectives on North-South Relationships (Hardcover)
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Addressing the problem of the foreign debt of less developed
countries, this book examines its impact on their development
possibilities. It also analyzes the lessons that both economic
theory and policy should draw from the debt crisis. The
contributions are divided into four parts dealing with: traditional
facts and new horizons in the theory of economic development, the
theory and practice of the debt problem, the policies of structural
adjustment recommended by international organizations, and the
relationship between economic growth, democracy and a new
international order.;Long-term sustainable development is the only
way to avoid further economic crises in the Third World, but it can
only be achieved by means of a comprehensive approach directly
aiming at long-term growth and involving a re-thinking of trade
relationships between low and high-income countries. The author's
articles have appeared in "The Economic Journal, "History of
Political Economy", "Australian Economic Papers", "Contributions to
Political Economy", "History of European Ideas", "Economie
Appliquee" and "Note Economiche".
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