International Debt

This 4-volume set presents 88 articles and provides a comprehensive, up-to-date analysis of the global issue of international debt. The origins and development of the debt crisis are followed by regional studies concerning Latin America, Africa and the Pacific, and a section on problems in Asia.

International debt is a major concern both for the countries involved and for the economies financing it. What are the consequences for those involved and how can they tackle this problem? This 4-volume set presents 88 articles and provides a comprehensive, up-to-date analysis of the global issue of international debt. The origins and development of the debt crisis are followed by regional studies concerning Latin America, Africa and the Pacific. The involvement of banks and financial institutions is then explored, with competing explanations for the crisis. There follows an extensive analysis of more than 30 articles on dealing with debt. The final volume looks at the legacies and lessons of the debt crisis and includes a section on the recent problems in Asia.

Introduction to volume 1. Part 1 Context - origins and development ofthe international debt crisis: debt and default in the 1930s - causes and consequences, B. Eichengreen, R. Portes
the debt-bomb threat, J. Palmer
the debt crisis - a longer perspective, A. Fishlow
the international debt situation and north-south relations, F. Stewart
Third World debt - the bomb is defused, G. Hector
the political geography of international lending by private banks, D.W. Fryer
the US trade and budget deficits in global perspective, S.E. Corbridge, J. Agnew
Third World debt - the disaster that didn't happen, W.R. Rhodes
the Mexican peso crisis, S. Griffith-Jones. Part 2 Context -regional studies: alternative outcomes of the Latin American debt crisis - lessons from the past, D. Felix
the social time-bomb, J. Roddick
the Brazilian borrowing experience - from miracle to debacle and back, J. Frieden
economic crisis, adjustment and living standards in Mexico, 1982-1985, N. Lustig
Mexico - stabilization, reform and no growth, R. Dornbusch, A. Werner
the external debt difficulties of low-income Africa, C. Humphreys, J. Underwood
the increase in death and disease under "katastroika", M. Ellman
the political economy of the Philippine debt crisis, S. Haggard. Part 3 Context - banks and institutions: the origins of the crisis 2 - the supply of credit, H. Lever, C. Huhne
the US commercial banks and the developing-country debt crisis, J. Sachs, H. Huizinga
bankers' dilemmas - private cooperation in rescheduling sovereign debts, C. Lipson
the politics of economic stabilization - IMF standby programs in Latin America, 1954-1984, K. Remmer.