Suchergebnisse

Looks at the background to the South's debt crisis and identifies its causes. The macroeconomic linkages between the South and the OECD countries played an important part in the crisis' emergence--and may also in its cure consider some of the debt rescheduling programmes proposed. Suggests that an effective package needs to include both a greater degree of macroeconomic cooperation and a commonly agreed position on outstanding debt. (SJK)