The Foreign Debt/National Development Conflict: External Adjustment and Internal Disorder in the Developing Nations Chris C. Carvounis

ISBN: 9780899301556

Published: September 23rd 1986

Hardcover


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The Foreign Debt/National Development Conflict: External Adjustment and Internal Disorder in the Developing Nations  by  Chris C. Carvounis

The Foreign Debt/National Development Conflict: External Adjustment and Internal Disorder in the Developing Nations by Chris C. Carvounis
September 23rd 1986 | Hardcover | PDF, EPUB, FB2, DjVu, audiobook, mp3, RTF | | ISBN: 9780899301556 | 10.53 Mb

Carvounis reviews the debt-servicing problems of developing countries, focusing on the experience of nine cases, mostly in Latin America. He stresses the adverse impact on the development prospects of these countries resulting from the adjustmentMoreCarvounis reviews the debt-servicing problems of developing countries, focusing on the experience of nine cases, mostly in Latin America.

He stresses the adverse impact on the development prospects of these countries resulting from the adjustment policies that they have been required to pursue. Carvounis criticizes the current austerity-oriented approach to restoring orderly debt-servicing, maintaining that his emphasis is leading to severe economic, political, and social problems within these countries. He argues that the economic capacity and political will of borrowing countries to continue this route is dissipating.Choice



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