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1996 | OriginalPaper | Chapter

Is the Debt Crisis Largely Over? A Critical Look at the Data of International Financial Institutions

Author : Kunibert Raffer

Published in: Challenging the Orthodoxies

Publisher: Palgrave Macmillan UK

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While the 1980s became known as the decade of the debt crisis, the 1990s have been heralded as the years of hope and recovery, if not for all debtors then at least for those having adopted ‘prudent’ economic policies. In other words, the present situation of Latin America is used – with cautious caveats regarding sustainability – as the practical vindication of Bretton Woods-type adjustment policies.

Metadata
Title
Is the Debt Crisis Largely Over? A Critical Look at the Data of International Financial Institutions
Author
Kunibert Raffer
Copyright Year
1996
Publisher
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-13992-7_3