Economic Development and World Debt

1. Front Matter

   Pages i-xxi

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2. International Debts, Trade and Growth Strategy

   1. Front Matter

      Pages 1-1

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   2. The International Debt Problem: Prospects and Solutions

      • Stephany Griffith-Jones

      Pages 3-21

   3. Surpluses for a Capital-hungry World

      • Paul Streeten

      Pages 23-26

   4. Misconceptions about External Debt

      • Gerald M. Meier

      Pages 27-32

   5. Debt Where Credit is Due

      • Andre Gunder Frank

      Pages 33-38

   6. If Sisyphus Stops Pushing the Mountain of Third World Debt?

      • Mike Faber

      Pages 39-49

   7. International Debts: a Crisis for Whom?

      • Kunibert Raffer

      Pages 51-62

   8. Investment, Debt and Growth: a Diversity of Experience

      • Christopher Saunders

      Pages 63-78

   9. International Trade, Protectionism and Third World Debt

      • Ratan Lal Goel

      Pages 79-85

   10. Innovation, Trade, External Debt and Growth in the World Economy

       • Paul J. J. Welfens

       Pages 87-106

3. World Financial System, Exchange Rates and Debts

   1. Front Matter

      Pages 107-107

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   2. The World Bank and the International Monetary Fund: Roles in and Beyond the Debt Crisis

      • Morris Miller

      Pages 109-128

   3. The UN Development Decade and the World Debt Problem

      • Jakov Sirotković

      Pages 129-134

   4. International Financial System and World Debt: the Issue of Cooperation

      • George Macesich

      Pages 135-150

   5. Financial Globalisation and the LDC Debt Crisis

      • David Felix

      Pages 151-165

   6. Developing Country Creditworthiness and Financial Market Innovation

      • Ronald L. Solberg

      Pages 167-180

   7. Debt and World Money

      • Benjamin Hopenhayn, Marcelo Dinenzon

      Pages 181-198

   8. Structural Change of International Capital Market Flows in a Historical Perspective

      • Ikuya Fukamachi

      Pages 199-218

   9. Yugoslav External Debt: a Constraint for Macroeconomic Policy

      • Mate Babić

      Pages 219-224

The papers presented here were first given at the International Conference of Economists at the University of Zagreb in Yugoslavia. The book contains a rare selection of divergent theoretical and practical views on the acute problem of international debt and its repercussions on world economic growth at large and the developing countries in particular.

• Developing Countries
• development
• Economic Development
• economic growth
• economic policy
• globalization
• growth
• structural change

• University of Sussex, UK

  H. W. Singer

• Institute of Development Studies, University of Sussex, UK

  H. W. Singer

• University of Zagreb, Croatia

  Soumitra Sharma

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