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This study provides an in-depth analysis of the external debt problem of a country--Mexico--that allegedly faces a debt overhang, which inhibits long-term growth-oriented investment. Issues facing the debtor nation and its commercial bank creditors are simultaneously examined in order to move closer towards an understanding of the situation of debt-distressed developing countries. The need to address these issues on a case-by-case basis is emphasized, opposed to a global approach to solving the debt crisis presently recommended by some.
Not only does this work provide a survey of the theoretical literature on the international debt crisis it also provides a way of incorporating simultaneously the concerns of the opposing sides--debtor nations and creditor banks. It will be of interest to economists and policy-makers in international finance and trade and development economics.
Autorius: | Sudarshan Gooptu |
Leidėjas: | Praeger |
Išleidimo metai: | 1993 |
Knygos puslapių skaičius: | 234 |
ISBN-10: | 0275942139 |
ISBN-13: | 9780275942137 |
Formatas: | 240 x 161 x 17 mm. Knyga kietu viršeliu |
Kalba: | Anglų |
Parašykite atsiliepimą apie „Debt Reduction and Development: The Case of Mexico“