1.

Record Nr.

UNINA9910808910103321

Titolo

Overcoming developing country debt crises / / edited by Barry Herman, José Antonio Ocampo, and Shari Spiegel

Pubbl/distr/stampa

Oxford, : Oxford University Press, 2010

ISBN

0-19-157369-8

9786612501937

0-19-957879-6

1-282-50193-3

Edizione

[1st ed.]

Descrizione fisica

1 online resource (532 p.)

Collana

The initiative for policy dialogue series

Altri autori (Persone)

HermanBarry

OcampoJosé Antonio

SpiegelShari

Disciplina

336.3435091724

336.36091724

Soggetti

Debts, External - Developing countries

Deute exterior

Condicions econòmiques

Llibres electrònics

Developing countries Economic conditions

Països en vies de desenvolupament

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

pt. 1. The analytical framework for debt policy -- pt. 2. Crisis experiences when most credits were private -- pt. 3. Crisis experiences when most credits were official -- pt. 4. Political economy and institutional reform -- pt. 5. Conclusion.

Sommario/riassunto

Developing country debt crises have been a recurrent phenomenon over the past two centuries. In recent times sovereign debt insolvency crises in developing and emerging economies peaked in the 1980's and, again, from the middle 1990's to the start of the new millennium. Despite the fact that several developing countries now have stronger economic fundamentals than they did in the 1990's, sovereign debt crises will reoccur again. The reasons for this are numerous, but the



central one is that economic fluctuations are inherent features of financial markets, the boom and bust nature of which intensified