Abstract
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?
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© 1998 Gareth Rees and Charles Smith
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Rees, G., Smith, C. (1998). The Debt Crisis. In: Economic Development. Economics Today. Palgrave, London. https://doi.org/10.1007/978-1-349-14689-5_8
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DOI: https://doi.org/10.1007/978-1-349-14689-5_8
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-72228-2
Online ISBN: 978-1-349-14689-5
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