LEADER 04711nam 2200685Ia 450 001 9910784802603321 005 20230314211629.0 010 $a1-281-22399-9 010 $a9786611223991 010 $a0-226-73318-1 024 7 $a10.7208/9780226733180 035 $a(CKB)1000000000408236 035 $a(EBL)408230 035 $a(OCoLC)476228084 035 $a(SSID)ssj0000137716 035 $a(PQKBManifestationID)11129817 035 $a(PQKBTitleCode)TC0000137716 035 $a(PQKBWorkID)10088661 035 $a(PQKB)10379592 035 $a(MiAaPQ)EBC408230 035 $a(DE-B1597)535608 035 $a(OCoLC)781253690 035 $a(DE-B1597)9780226733180 035 $a(Au-PeEL)EBL408230 035 $a(CaPaEBR)ebr10216991 035 $a(CaONFJC)MIL122399 035 $a(EXLCZ)991000000000408236 100 $a19880802d1989 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aDeveloping country debt and economic performance$hVolume 1$iThe international financial system /$feditor, Jeffrey D. Sachs 210 1$aChicago :$cUniversity of Chicago Press,$d1989. 215 $a1 online resource (ix, 400 pages) $cillustrations 225 1 $aA National Bureau of Economic Research project report 300 $aPapers presented at a conference held in Washington, D.C. on Sept. 21-23, 1987. 311 0 $a0-226-73332-7 320 $aIncludes bibliographies and indexes. 327 $tFront matter --$tNational Bureau of Economic Research --$tRelation of the Directors to the Work and Publications of the National Bureau of Economic Research --$tContents --$tPreface --$t1. Introduction --$t2. How Sovereign Debt Has Worked --$t3. The U.S. Capital Market and Foreign Lending, 1920 - 1955 --$t4. Structural Adjustment Policies in Highly Indebted Countries --$t5. The Politics of Stabilization and Structural Adjustment --$t6. Conditionality, Debt Relief, and the Developing Country Debt Crisis --$t7. Private Capital Flows to Problem Debtors --$t8. Debt Problems and the World Macroeconomy --$t9. Resolving the International Debt Crisis --$tList of Contributors --$tName Index --$tSubject Index 330 $aFor dozens of developing countries, the financial upheavals of the 1980's have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). 410 0$aNational Bureau of Economic Research project report. 606 $aDebts, External$zDeveloping countries$vCongresses 606 $aInternational finance$vCongresses 607 $aDeveloping countries$xEconomic conditions$vCongresses 610 $afinancial systems, finances, international, internationalism, transnational, transnationalism, economics, economic performance, debt, developing countries, poverty, wealth, struggling, external debts, capital markets, macroeconomy, instability, crisis, middle income, latin america, east asia, debtor, sovereign, structural adjustment policies, conditionality, lending, power. 615 0$aDebts, External 615 0$aInternational finance 676 $a336.3/435/091724 676 $a336.3435091724 701 $aCollins$b Susan Margaret$0119150 701 $aSachs$b Jeffrey$0120952 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910784802603321 996 $aDeveloping country debt and economic performance$93728339 997 $aUNINA