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Environmentalist

, Volume 6, Issue 3, pp 219–226 | Cite as

Third world debt must grow

  • Malcolm Crawford
Article

Summary

Approximately 60 percent of the debt owed by the World's Developing Countries is to the international banks. The author gives an economic analysis of the situation and concludes that real growth for the less developed countries (LDCs) will justify further increased borrowing.

Keywords

Develop Country Environmental Management Nature Conservation Economic Analysis Economic Geology 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Cline, W. R. (1984)International Debt-Systemic Risk and Policy Responses. Institute for International Economics, Washington.Google Scholar
  2. Crawford, M. (1985) Third World Debt is Here to Stay.Lloyds Bank Review, 155, 13–31.Google Scholar
  3. Federal Reserve Bank (1983) Latin America's Prospects for Recovery.Federal Reserve Bank of New York Quaterly Review, Autumn.Google Scholar
  4. IMF (1984)International Capital Markets, Developments and Prospects. International Monetary Fund, August.Google Scholar
  5. Mikesell, R. (1955).Foreign Investment in Latin America. Department of Economic and Social Affairs, USA, Washington.Google Scholar
  6. Morgan Guaranty Trust (1984) LDC Debts,World Financial Markets, Morgan Guaranty Trust, February.Google Scholar
  7. OECD (1984) Financial Market Trends, OECD, June.Google Scholar
  8. Streeten, P. P., and Lall, S. (1973)Main findings of a Study of Private Foreign. Investment in Selected Developing Countries, UNCTAD TD/B/C. 3/111, andPrivate Foreign Investment in its Relationship to Development, UNCTAD TD/134, 172.Google Scholar
  9. Terrell, H. S., and Mills, R. S. (1985) US Bank Lending: How Big a Slow Down?The Banker, September, London.Google Scholar

Copyright information

© Science and Technology Letters 1986

Authors and Affiliations

  • Malcolm Crawford
    • 1
  1. 1.Business InternationalLondon

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