This paper examines the international debt crisis: Origins, less developed countries, U.S. indebtedness, banks, International Monetary Fund, conditionality, stabilization process, trade, currency, investments and future. Tables.
Written in 1990; 3,600 words; 12 sources; $ 127.95
From the Paper:
"This research examines the international debt crisis. International debt is the external debt owed by a country--either a country's government or entities within that country.
An external deficit develops for a country when the claims of foreign entities on the country's economy exceed the claims of entities in that country on the economies of other countries. A country's external debt is comprised of loans to both government and private sector organizations in the country. Loans to government entities involve sovereign risk, while loans to all other entities involve enterprise risk.
Loans involved in a country's external debt are extended by other governments, by international organizations (primarily the International Monetary Fund (IMF) and The World Bank), and by ... "
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