Overcoming developing country debt crises / edited by Barry Herman, José Antonio Ocampo, and Shari Spiegel.

Format:

Book

Contributor:

Herman, Barry.

Ocampo, José Antonio.

Spiegel, Shari.

Series:

Initiative for policy dialogue series.

The initiative for policy dialogue series

Language:

English

Subjects (All):

Debts, External--Developing countries.

Debts, External.

Developing countries--Economic conditions.

Developing countries.

Physical Description:

1 online resource (532 p.)

Edition:

1st ed.

Place of Publication:

Oxford : Oxford University Press, 2010.

Language Note:

English

Summary:

Developing country debt crises have been a recurrent phenomenon over the past two centuries. In recent times sovereign debt insolvency crises in developing and emerging economies peaked in the 1980's and, again, from the middle 1990's to the start of the new millennium. Despite the fact that several developing countries now have stronger economic fundamentals than they did in the 1990's, sovereign debt crises will reoccur again. The reasons for this are numerous, but the central one is that economic fluctuations are inherent features of financial markets, the boom and bust nature of which intensified

Contents:

pt. 1. The analytical framework for debt policy

pt. 2. Crisis experiences when most credits were private

pt. 3. Crisis experiences when most credits were official

pt. 4. Political economy and institutional reform

pt. 5. Conclusion.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on publisher supplied metadata and other sources.

ISBN:

0-19-157369-8

9786612501937

0-19-957879-6

1-282-50193-3

OCLC:

609859802