'Development Financing' tackles the complicated subject of how to aid and finance the development of LEDCs. The problem, according to the writers, has not been whether or not to negotiate, but rather where and what should be negotiated when it came to tackling third world debt. As the debate reaches a stand-off between the more economically developed and less economically developed countries, this book offers several sets of perspectives (in a selection of essays) on how to appropriately manage the thorny issues of development financing.

This book presents papers on the recycling of funds from surplus to deficit countries; stabilizing the existing International Financial System; securing an adequate level of investment return for surplus countries; the role of the special drawing rights; and mineral and energy financing.