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World Debt: Who is to Pay?
Schatan, Jacobo Publisher: Zed
Year Published: 1987
Pages: 144pp ISBN: 0-86232-689-3
Resource Type: Book
The solution of the debt crisis cannot lie in reducing interest rates or juggling exchange rates. As this book shows, merely servicing the swelling mountain of debt means a relentless increase in the physical resources Third World countries must export to the West. This book explores the responsibility of the creditors for this situation, as well as that of the debtors.
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