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Debt Reduction and Development - The Case of Mexico (Hardcover, New): Sudarshn Gooptu Debt Reduction and Development - The Case of Mexico (Hardcover, New)
Sudarshn Gooptu
R2,562 Discovery Miles 25 620 Ships in 18 - 22 working days

This study provides an in-depth analysis of the external debt problem of a country--Mexico--that allegedly faces a debt overhang, which inhibits long-term growth-oriented investment. Issues facing the debtor nation and its commercial bank creditors are simultaneously examined in order to move closer towards an understanding of the situation of debt-distressed developing countries. The need to address these issues on a case-by-case basis is emphasized, opposed to a global approach to solving the debt crisis presently recommended by some.

Not only does this work provide a survey of the theoretical literature on the international debt crisis it also provides a way of incorporating simultaneously the concerns of the opposing sides--debtor nations and creditor banks. It will be of interest to economists and policy-makers in international finance and trade and development economics.

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