Debt Reduction and Development: The Case of Mexico (Hardcover) (ISBN-13: 9780275942137)

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.

Author: Sudarshn Gooptu
ISBN-10: 0275942139
ISBN-13: 9780275942137
Publisher: Praeger
Language: English
Published: 01/26/1993
Pages: 240
Format: Hardcover
Weight: 1.11lbs
Size: 9.21h x 6.14w x 0.56d