The Debt Dilemma of Developing Nations

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  • The Debt Dilemma of Developing Nations Book Detail

  • Author : Chris C. Carvounis
  • Release Date : 1984-12-11
  • Publisher : Praeger
  • Genre : Business & Economics
  • Pages : 216
  • ISBN 13 :
  • File Size : 18,18 MB

The Debt Dilemma of Developing Nations by Chris C. Carvounis PDF Summary

Book Description: Chris C. Carvounis provides the background, the theory and definition, and the analytical tools necessary to understand the scenarios now being played out in the various LDCs. After presenting general issues related to LDC debt from the functionally distinct positions of borrowers, lenders, and negotiators, Carvounis examines in detail the cases of five specific debtor nations--Turkey, Mexico, Brazil, Argentina, and Poland. For each country, a chronology provides background information and a commentary analyzes the key debtor-related matters. The commentaries discuss national economic development strategy, the orchestration of internal and external economies, the role of the central government as investor and regulator, domestic and foreign political factors pertinent to the country's external debts, and other significant factors.

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As the recent Mexican crisis has demonstrated, Third World debt remains a silent virus in the global economy and not knowing when and where it will explode next