First published in 1979, this study focuses upon two of the major
economic problems faced by developing countries: massive foreign
debts and the shortage of foreign funds offered on concessional
terms for development purposes. The relationship between the two is
highlighted in the effect that debt accumulation has on ministering
the increase of debt service payments, and to lessen resources for
development purposes.The study argues that not only is the impact
and implications of these two problems more or less identical for
debtor and creditor countries, but that it is the inappropriate
techniques of rescheduling and refinancing that have failed to
solve the problems of developing countries.The author advances an
integrated proposal for using debt relief as an end in itself, - to
reduce the level of indebtedness, and as a means to a further end,
- to provide additional funds for development.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge Library Editions: Development |
Release date: |
November 2010 |
First published: |
2011 |
Authors: |
George Abbott
|
Dimensions: |
234 x 156mm (L x W) |
Format: |
Hardcover
|
Pages: |
314 |
ISBN-13: |
978-0-415-59437-0 |
Categories: |
Books >
Business & Economics >
Economics >
Development economics
|
LSN: |
0-415-59437-5 |
Barcode: |
9780415594370 |
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