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1998 | OriginalPaper | Chapter

The Debt Crisis

Authors : Gareth Rees, Charles Smith

Published in: Economic Development

Publisher: Macmillan Education UK

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How can international trade be paid for? Why are LDCs in debt? Why did Latin America suffer a ‘lost decade’ after 1982? Why was Africa’s income per head no higher in 1990 than in the 1960s? Is ‘aid’ likely to improve the position of LDCs?

Metadata
Title
The Debt Crisis
Authors
Gareth Rees
Charles Smith
Copyright Year
1998
Publisher
Macmillan Education UK
DOI
https://doi.org/10.1007/978-1-349-14689-5_8