Debt Disaster?: Banks, Government and Multilaterals Confront the Crisis

In: Geonomics Institute for International Economic Advancement Series 2

Abstract

Frontmatter -- CONTENTS -- List of Figures -- List of Tables -- Acknowledgments -- Foreword -- Introduction -- PART I DEBT CRISIS IN THE THIRD WORLD -- Chapter 1 The Outlook for Development -- Chapter 2 External Shocks, Adjustment, and Income Distribution -- Chapter 3 Losers Pay Reparations, Or How the Third World Lost the Lending War -- PART II THE DEBT CRISIS AND COMMERCIAL BANKS -- Chapter 4 Background to the Debt Crisis: Structural Adjustment in the Financial Markets -- Chapter 5 Safe Passage Through Dire Straits: Managing an Orderly Exit from the Debt Crisis -- PART III STRUCTURAL ADJUSTMENT: SOLUTION OR PART OF THE PROBLEM -- Chapter 6 World Bank-Supported Adjustment Programs -- Chapter 7 Assessing Structural Adjustment Programs: A Summary of Country Experience -- Chapter 8 Undervaluation, Adjustment, and Growth -- Chapter 9 Old Wine in New Bottles: Policy-Based Lending in the 1980s -- PART IV STRUCTURAL ADJUSTMENT: IMPACT IN THE THIRD WORLD -- Chapter 10 Social Costs of Adjustment in Latin America -- Chapter 11 Political Change and Economic Policy in Latin America and the Caribbean in 1988 -- Chapter 12 The Demise of the Labor Aristocracy in Africa: Structural Adjustment in Tanzania -- PART V SEEKING A SOLUTION -- Chapter 13 Facing the Realities of the Debt Crisis -- Chapter 14 From Adjustment with Recession to Adjustment with Growth -- Chapter 15 From Adjustment and Restructuring to Development -- Chapter 16 Is to Forgive the Debt Divine? -- Chapter 17 Foreign Lending at the Brink -- Bibliography -- Index -- About the Contributors -- About the Editor

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Buch(elektronisch)#11989

Debt Disaster?: Banks, Government and Multilaterals Confront the Crisis

Weeks, John F.

Weeks, John F.

Abstract

Written for the nontechnical reader and intended to intervene in the policy debate, Debt Disaster? offers informative analysis, controversial assessments, and concrete solutions to bring a close the bleakest period for the Third World since the end of World War II. Out of this volume comes a clear message: the indebted countries cannot grow if they seek to pay their debts, no matter what policies they follow. The contributors include: Barry Herman, Rolph van der Hoeven, Karin Lissakers, Paul M. Sacks, Chris Canavan, Robert Liebenthal, Peter Nicholas, Robin A. King, Michael. D. Robinson, Richar

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