Developing Country Debt and the World Economy

by Jeffrey D. Sachs

Book Overview

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has...

• Format: Paperback
• Language: English
• ISBN: 0226733394
• ISBN13: 9780226733395
• Release Date: October 1991
• Publisher: University of Chicago Press
• Length: 346 Pages
• Weight: 0.96 lbs.
• Dimensions: 0.8" x 6.2" x 9.1"