Third World Debt
Toward a More Balanced Adjustment
Bibliographic Data
| ID | 4547925 |
|---|---|
| Authors | R Feinberg (0000-0001-6588-3957, Overseas Development Institute, corresponding author), Richard E Feinberg |
| Year | 1987 |
| Volume | 29 |
| Issue | 1 |
| Pages | 47-56 |
| Publication date | 1987-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Interamerican Studies and World Affairs (JOURNAL) |
| Journal identifiers | ISSN: 0022-1937 • E-ISSN: 2162-2736 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/165639 |
| OpenAlex | W2782780633 |
| Language | EN |
| References cited | 2 |
The Third World Debt Crisis continues to burden the US economy, our foreign policy, the international financial system, and the future of many developing countries. The cancerous debt has not terminated the afflicted parties, but it is damaging many US interests. The debt disease eats at the foundations of our banking system, shrinks our export markets, and irritates our foreign relations. For the developing nations, this persistent illness deepens poverty, consumes scarce national savings, undermines adjustment efforts, and threatens eventually to destabilize emerging democracies
Business · Debt · Debt crisis · Developing country · Development economics · Economic growth · Economic policy · Economics · Emerging markets · External debt · Financial system · Internal debt · International economics · Poverty · Third world · Economic Growth and Development · Finance · Global Financial Crisis and Policies · State Capitalism and Financial Governance
| Citation velocity | historical |
|---|---|
| Highly cited | No |