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International Indebtedness and the Developing Countries

By George C. Abbott

Routledge – 2011 – 316 pages

Series: Routledge Library Editions: Development

Purchasing Options:

  • Add to CartHardback: $140.00
    978-0-415-59437-0
    November 25th 2010

Description

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.

Contents

1. International Investment and Capital Flows 2. The Flow of Resources 3. The Debt Problem 4. The International Economy and the Developing Countries 5. International Debt Strategy 6. Debts and Development

Name: International Indebtedness and the Developing Countries (Hardback)Routledge 
Description: By George C. Abbott. 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...
Categories: Development Economics, Social Inequality, Demography, Development Studies, Cities & the Developing World, Development Policy, Rural Development, Development Theory, Urban Development, Health & Development, Politics & Development, Regional Development