Sets out the roots of the debt crises of the 1980s and 2000s, and shows the similarities between the most recent financial crisis in the North and earlier debt crises in the Global South. Lending to developing countries is linked to economic cycles and capital surpluses, to ‘loan pushing’ and default, and to the political interests of lenders. Meanwhile, the South has become a lender to the North and as a contributor to initially moderating a northern financial crisis. The chapter also sets out the concepts of illegitimate and odious debt and changes in lending that increase the liability of lenders. (Chapter substantially revised for this second edition.
This article argues that the debt problem can be attributed to the failure on the part of those who ...
An examination of the evolutionary stages of the debt problem in developing countries, with a discus...
This article examines the causes and implications of the international debt crisis. It begins by fir...
Sets out the roots of the debt crises of the 1980s and 2000s, and shows the similarities between the...
Lending and borrowing, and regulations to control them, go back 4,000 years and international lendin...
Over the past 40 years, private creditors have been the primary source of portfolio capital for deve...
The troublesome debts of many developing countries have spawned much literature on why countries bor...
The public debt of low-income countries is increasing significantly, with the ratio of public debt s...
There are two problems in the market for developing country debt: one is the immediate crisis. What ...
The traditional view of sovereign debt as a relationship between a developing country government and...
The debt of Third World nations exceeds $1.3 trillion. This paper analyses the factors which combine...
This paper explores the lessons to be learned from the South African debt crisis of the mid-1980s an...
Analyzes the nature of credit relations between developed and developing countries. Use of advances ...
In this chapter, the author connects the historical debt nature of money to financial crisis. He arg...
The main emphasis of this paper is on the debt repayment difficulties experienced by the Less Develo...
This article argues that the debt problem can be attributed to the failure on the part of those who ...
An examination of the evolutionary stages of the debt problem in developing countries, with a discus...
This article examines the causes and implications of the international debt crisis. It begins by fir...
Sets out the roots of the debt crises of the 1980s and 2000s, and shows the similarities between the...
Lending and borrowing, and regulations to control them, go back 4,000 years and international lendin...
Over the past 40 years, private creditors have been the primary source of portfolio capital for deve...
The troublesome debts of many developing countries have spawned much literature on why countries bor...
The public debt of low-income countries is increasing significantly, with the ratio of public debt s...
There are two problems in the market for developing country debt: one is the immediate crisis. What ...
The traditional view of sovereign debt as a relationship between a developing country government and...
The debt of Third World nations exceeds $1.3 trillion. This paper analyses the factors which combine...
This paper explores the lessons to be learned from the South African debt crisis of the mid-1980s an...
Analyzes the nature of credit relations between developed and developing countries. Use of advances ...
In this chapter, the author connects the historical debt nature of money to financial crisis. He arg...
The main emphasis of this paper is on the debt repayment difficulties experienced by the Less Develo...
This article argues that the debt problem can be attributed to the failure on the part of those who ...
An examination of the evolutionary stages of the debt problem in developing countries, with a discus...
This article examines the causes and implications of the international debt crisis. It begins by fir...