Normal view MARC view ISBD view

Caught in the debt trap? : the foriegn indebtedness of developing countries

By:

Taake, Hans-Helmut

Material type: Text

TextPublication details: 1997Action note:

6/6/08 JOYD

Summary: Opines that the question of whether there is a way out of the developing countries debt trap can only be properly answered if their indebtedness is not viewed as an isolated factor. Suggests that it should be seen in the context of the total net resource flows into these countries. Concludes that the IMF's role as catalyst sholud be strengthened and its surveillance function should be improved; the G7 Group should put in place stable economic general conditions, particularly harmonised control of the interest rates of the key currencies; and, the threshold countries should be supported in creating credible political conditions.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000026921

Opines that the question of whether there is a way out of the developing countries debt trap can only be properly answered if their indebtedness is not viewed as an isolated factor. Suggests that it should be seen in the context of the total net resource flows into these countries. Concludes that the IMF's role as catalyst sholud be strengthened and its surveillance function should be improved; the G7 Group should put in place stable economic general conditions, particularly harmonised control of the interest rates of the key currencies; and, the threshold countries should be supported in creating credible political conditions.

6/6/08 JOYD

There are no comments on this title.

to post a comment.