Debt Reduction And Development: The Case Of Mexico

Hardcover | January 1, 1993

bySudarshan Gooptu

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This study provides an in-depth analysis of the external debt problem of a country--Mexico--that allegedly faces a "debt overhang," which inhibits long-term growth-oriented investment. Issues facing the debtor nation and its commercial bank creditors are simultaneously examined in order to move closer towards an understanding of the situation of debt-distressed developing countries. The need to address these issues on a case-by-case basis is emphasized, opposed to a global approach to solving the debt crisis presently recommended by some. Not only does this work provide a survey of the theoretical literature on the international debt crisis it also provides a way of incorporating simultaneously the concerns of the opposing sides--debtor nations and creditor banks. It will be of interest to economists and policy-makers in international finance and trade and development economics.

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This study provides an in-depth analysis of the external debt problem of a country--Mexico--that allegedly faces a "debt overhang," which inhibits long-term growth-oriented investment. Issues facing the debtor nation and its commercial bank creditors are simultaneously examined in order to move closer towards an understanding of the si...

Format:HardcoverDimensions:240 pages, 9.41 × 7.24 × 0.98 inPublished:January 1, 1993Publisher:Praeger Publishers

The following ISBNs are associated with this title:

ISBN - 10:0275942139

ISBN - 13:9780275942137

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