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

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Economic Development and World Debt

Abstract

Recently R. de Vries, Senior Vice President, Morgan Guaranty Trust Company said:

it has to be accepted that LDC debt problems would not have reached such troubling dimensions had the major industrial powers and official institutions played a more assertive role in the initial period following the second oil shock.

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Notes

  • This paper is a condensed version of the book by Morris Miller, Coping Is Not Enough! The International Debt Crisis and the Roles of the World Bank and International Monetary Fund, Homewood, Illinois, Dow Jones — Irwin, 1985.

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© 1989 H. W. Singer and Soumitra Sharma

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Miller, M. (1989). The World Bank and the International Monetary Fund: Roles in and Beyond the Debt Crisis. In: Singer, H.W., Sharma, S. (eds) Economic Development and World Debt. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20044-3_10

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