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IMF and the debt crisis : a guide to the Third World's dilemma

By:

Korner, P

Material type: Text

TextPublication details: Zed Books LondonGB 1986Description: ix, 226 pAction note:

3/7/00 M2LMGR

Summary: 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.

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Item type	Current library	Call number	Status	Barcode
Monograph	CARICOM Documentation Centre	01.03.02 I6161 (Browse shelf(Opens below))	Available	0000000009129

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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.

3/7/00 M2LMGR

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