IMF and the debt crisis : a guide to the Third World's dilemma
Korner, P.
IMF and the debt crisis : a guide to the Third World's dilemma - LondonGB Zed Books 1986 - ix, 226 p.
Reviews the debt crisis, the ways in which countries get into debt and the causes. Explains the workings of the IMF, its instruments of policy, and its role in debt rescheduling on behalf of Western Banks. Argues that IMF measures impoverish the poorest strata of society, undermine the long-term development capacities of countries and will lead to a new round of debt crisis in the late 1980's. Recommends alternative strategy comprising new loans and a development oriented policy. Useful for policy makers.
01.03.02 I6161
IMF and the debt crisis : a guide to the Third World's dilemma - LondonGB Zed Books 1986 - ix, 226 p.
Reviews the debt crisis, the ways in which countries get into debt and the causes. Explains the workings of the IMF, its instruments of policy, and its role in debt rescheduling on behalf of Western Banks. Argues that IMF measures impoverish the poorest strata of society, undermine the long-term development capacities of countries and will lead to a new round of debt crisis in the late 1980's. Recommends alternative strategy comprising new loans and a development oriented policy. Useful for policy makers.
01.03.02 I6161