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International Trade, Protectionism and Third World Debt

  • Ratan Lal Goel

Abstract

There is no denying the fact that the rich world and its supported international financial institutions did not come to the rescue of developing countries and they allowed the debt of these countries to accumulate. The pressure forcing for more commercial borrowing by reducing the flow of aid and concessional lending to these countries, opened the doors of the debt trap for them.

Keywords

Advanced Country Foreign Debt Export Earning Debtor Country International Financial Institution 
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. G.M. Meier, ‘Leading Issues in Economic Development’ (London: Oxford University Press, 1976).Google Scholar
  2. Anne Krueger, Trade and Employment in Developing Countries (Chicago: University of Chicago Press, 1981).Google Scholar
  3. Soumitra Sharma, Development Strategy and the Developing Countries (New Delhi: South Asian Publishers, 1983).Google Scholar
  4. UN, Year Book of International Trade Statistics 1986 (New York).Google Scholar
  5. IMF, World Economic Outlook (Washington DC: 1987).Google Scholar
  6. OECD, Economic Outlook (Paris: 1986).Google Scholar

Copyright information

© H. W. Singer and Soumitra Sharma 1989

Authors and Affiliations

  • Ratan Lal Goel

There are no affiliations available

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