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 third edition.
Credit markets are just as important as equity markets to financial development. And in most countri...
The debt crisis has its origins in the 1970s and 1980s, when rich governments and companies lent hug...
In the fall of 2003, the Government of South Africa accomplished a remarkable feat – to beat back th...
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...
In this article the authors examine three issues: the causes of the South's debt crisis, the nature ...
In this article the authors examine three issues: the causes of the South's debt crisis, the nature ...
This comprehensive volume explores debt dynamics and the intensification of debt crises across the g...
Numéro de juin. Revue publiée à New York. Accessible en ligne : http://www.monthlyreview.org/0607pnr...
In an increasingly globalized world, any crisis, including the ones caused by the foreign debtdefaul...
This chapter considers the relationship between developing country external debt and the integration...
Since the World Economic Depression of 1929 in developed economies, the economic crisis did not cau...
Recent decades have witnessed not only a series of financial crises in both developed and developing...
Published by Palgrave Macmillan The financial and economic crisis saw developing and emerging countr...
Uncertainty in international financial and currency markets has become common, while the only countr...
Credit markets are just as important as equity markets to financial development. And in most countri...
The debt crisis has its origins in the 1970s and 1980s, when rich governments and companies lent hug...
In the fall of 2003, the Government of South Africa accomplished a remarkable feat – to beat back th...
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...
In this article the authors examine three issues: the causes of the South's debt crisis, the nature ...
In this article the authors examine three issues: the causes of the South's debt crisis, the nature ...
This comprehensive volume explores debt dynamics and the intensification of debt crises across the g...
Numéro de juin. Revue publiée à New York. Accessible en ligne : http://www.monthlyreview.org/0607pnr...
In an increasingly globalized world, any crisis, including the ones caused by the foreign debtdefaul...
This chapter considers the relationship between developing country external debt and the integration...
Since the World Economic Depression of 1929 in developed economies, the economic crisis did not cau...
Recent decades have witnessed not only a series of financial crises in both developed and developing...
Published by Palgrave Macmillan The financial and economic crisis saw developing and emerging countr...
Uncertainty in international financial and currency markets has become common, while the only countr...
Credit markets are just as important as equity markets to financial development. And in most countri...
The debt crisis has its origins in the 1970s and 1980s, when rich governments and companies lent hug...
In the fall of 2003, the Government of South Africa accomplished a remarkable feat – to beat back th...