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Retroactive terms adjustment

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  • Indebtedness
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Intereconomics

Abstract

The concept of Retroactive Terms Adjustment (RTA) emerged as a response to the urgent need for international action on the debt problems of the developing countries. The following article analyses the concept and the contribution RTA has made towards solving the debt problem.

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  1. For the full text, see Resolution 94 (IV) of the United Nations Conference on Trade and Development dated 31 st May 1976 on the Debt Problem of Developing Countries, Nairobi, May 1976.

  2. See for example, Document TD/B/670 and Document TD/B/685 and Add: 1, Add: 2 and Corr: 1 and Add: 3, in: Official Records of the Trade and Development Board, Ninth Special Session, Annexes, agenda item 3, UNCTAD, Geneva 1978.

  3. For the full text, see Resolution 165 (S-IX), Debt and Development Problems of Developing Countries, of the Trade and Development Board at its Ninth Special Session, 494th Meeting, 11th March, UNCTAD, Geneva 1978.

  4. Paragraph 4 of Resolution 165 (S-IX), op. cit.

  5. Paragraph 5 of Resolution 165 (S-IX), op. cit.

  6. TD/B (XXX) CRP 3 dated 25th March 1985: Debt and Development Problems of Poorer Developing Countries and, in particular, of the Least Developed Countries: Review, Pursuant to Board Decision, 289 (XXVIII), of the Implementation of Section A of Board Resolution 165 (S- IX). Note by UNCTAD Secretariat, Geneva.

  7. See Document TD/B/C.3/195 dated 14th December 1984: Debt Problems of Developing Countries, Official Development Assistance and Related Debt Service: Scope for further debt relief in favour of the least developed and other poorer developing countries. Report by the UNCTAD Secretariat, Table 5, Annex, p. 8.

  8. DocumentTD/B/C.3/195, op. cit., Statistical Annex.

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Authors and Affiliations

  1. University of Glasgow, Glasgow

    George Abbott

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  1. George Abbott
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Abbott, G. Retroactive terms adjustment. Intereconomics 22, 182–189 (1987). https://doi.org/10.1007/BF02932251

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  • DOI: https://doi.org/10.1007/BF02932251

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