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Chris J. Czerkawski - Theoretical and Policy-Oriented Aspects of the External Debt Economics - 9783540542827 - V9783540542827
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Theoretical and Policy-Oriented Aspects of the External Debt Economics

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Description for Theoretical and Policy-Oriented Aspects of the External Debt Economics Paperback. Combines theory and practice into one comprehensive approach to the debt problem. This book analyzes the debt crisis in its macroeconomic setting and discusses debt relief techniques, instruments and policies. Series: Studies in Contemporary Economics. Num Pages: 150 pages, 4 black & white tables, biography. BIC Classification: KCL; KCM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 242 x 170 x 9. Weight in Grams: 292.
The past approach to the international debt crisis has been traditionally based on conventional banking principle in which debt had to be paid back in fuH and in time. International lending was a function of the perceived credit standing of debtor country and the return on investment (ROI). If debtor country run into difficulties and had problems with service payments - it was generally assumed that the debt-related expenditures were mismanaged. With economic stability and firm financial rules - the debt crisis was supposed to disappear after application of appropriate adjustment measures. However in the world of inconsistent lending criteria ... Read more

Product Details

Format
Paperback
Publication date
1991
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
150
Condition
New
Series
Studies in Contemporary Economics
Number of Pages
150
Place of Publication
Berlin, Germany
ISBN
9783540542827
SKU
V9783540542827
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

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