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This volume consists of some of the papers presented at the national conference held in June 1989, sponsored by the Institute of Development Studies in Dar es Salaam. Tanzania's total external debt rose from US-$ 2543.8 million in 1980 to US-$ 4,000 million in 1987. Compared to the total value of export of goods and services over the same period, this represents an increase from 300 per cent in 1980 to 900 per cent in 1987. The authors of the conference papers attempt to present alternative solutions to the debt problem in the Third World