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Published in:
1989 | OriginalPaper | Chapter
Misconceptions about External Debt
Author : Gerald M. Meier
Published in: Economic Development and World Debt
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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This paper attempts to dispel some current misconceptions about the ‘debt crisis’. It does so in order to emphasise the persistent need for development with debt and hence more effective debt management on the part of debtor and creditor countries alike. If the development momentum is to be regained, misconceptions must be removed and fears allayed.