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Debt and Development Crises in Latin America: The End of an Illusion

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ISBN-10:

0198286910

ISBN-13:

9780198286912

Author(s): Griffith-Jones, Stephany; Sunkel, Osvaldo
Released: Oct 12, 1989
Publisher: Oxford University Press
Format: Paperback, 214 pages
Related ISBN: 9780198285465
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Description:

In the early 1980s, widespread debt crises erupted simultaneously in most Latin American countries. This book examines the link between these debt problems and a more profound and longer-term growth and development crisis, both in Latin America and in the industrialized countries. The authors argue that the debt and development crises have common origins; propose measures to treat both, including fundamental changes in the policies of developed countries, the international financial system, and the national development strategies of developing countries; and posit a radical solution to the debt problem.

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