Debt, Adjustment, and Poverty in Developing Countries: National and international dimensions of debt and adjustment in developing countries
Author | : David Woodward |
Publisher | : |
Total Pages | : 352 |
Release | : 1992 |
Genre | : Debts, External |
ISBN | : |
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Author | : David Woodward |
Publisher | : |
Total Pages | : 352 |
Release | : 1992 |
Genre | : Debts, External |
ISBN | : |
Author | : David Woodward |
Publisher | : Burns & Oates |
Total Pages | : 360 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Commissioned by the internationally acclaimed Save the Children Fund, this is a study of debt crisis and economic adjustment, and of their implications for poverty in developing countries. It is divided into two volumes. The first volume considers the issues at the national and international levels, covering: problems in the adjustment process; the effectiveness of the current approach to adjustment; and the links between debt, adjustment and the international economic and financial system.
Author | : Jeffrey D. Sachs |
Publisher | : University of Chicago Press |
Total Pages | : 350 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226733238 |
For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. Developing Country Debt and the World Economy contains nontechnical versions of papers prepared under the auspices of the project on developing country debt, sponsored by the National Bureau of Economic Research. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The contributors analyze the crisis from two perspectives, that of the international financial system as a whole and that of individual debtor countries. Studies of eight countries—Argentina, Bolivia, Brazil, Indonesia, Mexico, the Philippines, South Korea, and Turkey—explore the question of why some countries succumbed to serious financial crises while other did not. Each study was prepared by a team of two authors—a U.S.-based research and an economist from the country under study. An additional eight papers approach the problem of developing country debt from a global or "systemic" perspective. The topics they cover include the history of international sovereign lending and previous debt crises, the political factors that contribute to poor economic policies in many debtor nations, the role of commercial banks and the International Monetary Fund during the current crisis, the links between debt in developing countries and economic policies in the industrialized nations, and possible new approaches to the global management of the crisis.
Author | : David Woodward |
Publisher | : |
Total Pages | : |
Release | : 1992 |
Genre | : Debts, External |
ISBN | : 9781855670761 |
Author | : Ed Brown |
Publisher | : Routledge |
Total Pages | : 237 |
Release | : 2013-04-15 |
Genre | : Science |
ISBN | : 1135099529 |
Structural Adjustment: Theory, Practice and Impacts examines the problems associated with Structural Adjustment Programmes (SAPs) and reveals the damaging impacts they can have. The book looks at how the debt crisis of the 1970's forced developing countries to seek external help and then reviews what constitutes as a standard adjustment programme, detailing the political, economic, social and environmental impacts of SAPs. The final section draws together theories and political responses and presents a case for alternatives to the programmes.
Author | : David Woodward |
Publisher | : |
Total Pages | : 41 |
Release | : 1992 |
Genre | : Developing countries |
ISBN | : 9781870322430 |
A critical review of current approaches to structural adjustment and the impact on poverty. It argues that new approaches are essential and must be built upon stronger theoretical and empirical foundations. The paper suggests that non-governmental organizations have a contribution to make.
Author | : Martin Dent |
Publisher | : Routledge |
Total Pages | : 265 |
Release | : 2019-05-23 |
Genre | : Business & Economics |
ISBN | : 0429687443 |
First published in 1999, this volume, the first to be published in on Jubilee 2000, describes the plight of 52 of the poorest nations in the world and puts in detail the case for radical cancellation of past inert debt. The cost and benefit of this remission and the groundbreaking concordat of peoples and governments that could accompany it are examined in detail. It contains critiques of the economic bases of the World Bank and IMF approaches to debt management in developing economies, as manifested in structural adjustment programmes and their maintenance, misuse of excess reserves and the methods used to carry out restructuring and development projects. The British anti-slavery campaign saw a mobilisation of public opinion for a great cause. Using this as a source of inspiration, public opinion must again be mobilised for what amounts to the greatest opportunity for justice, compassion and forgiveness facing us all at the beginning of a new millennium.