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Debt and development

Oliver, Robert W. (1984) Debt and development. Humanities Working Paper, 111. California Institute of Technology , Pasadena, CA. http://resolver.caltech.edu/CaltechAUTHORS:20100713-145135667

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Abstract

The external indebtedness of many developing countries -Mexico, Brazil and Argentina in particular -- has been of considerable international concern. The debts arose partly because of changes in international banking practices and partly because of unwise short-term borrowing by governments accustomed to continuing international inflation. The problem has been made worse by high world-wide interest rates caused in part by the historically high domestic deficits of the United States government. There are signs that the crisis may be easing, however, and that moderate growth may Boon resume in Latin America.


Item Type:Report or Paper (Working Paper)
Additional Information:A Presentation to Town Hall
Group:Humanities Working Papers
Record Number:CaltechAUTHORS:20100713-145135667
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20100713-145135667
Official Citation:Oliver, Robert W. Debt and development. Pasadena, CA: California Institute of Technology, 1984. Humanities Working Paper, No.111.
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:19037
Collection:CaltechAUTHORS
Deposited By: Lindsay Cleary
Deposited On:06 Aug 2010 21:40
Last Modified:26 Dec 2012 12:14

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