Central Bank of Nigeria Library

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International indebtedness and the developing countries /

By: Material type: TextTextPublication details: London : Croom Helm ; White Plains, N.Y. : M. E. Sharpe, 1979.Description: 312 p. :illISBN:
  • 0709900333 :
Subject(s): DDC classification:
  • 336.3'435091724 ABB
LOC classification:
  • HJ8899 .A22 1979
Summary: This book provides an informative review of the implications of the rapid growth in external debt by the developing countries. Steadily claiming a greater proportion of limited export earnings, the burden of the service payments is straining the external positions of these countries and reducing the resources available for development. Reflecting the current concern in the international community, the continued growth in the level of external debt has heightened the probability of default and forced retrenchment of development plans. As a means of avoiding this outcome, the author proposes a debt-relief-aid scheme that is aimed at alleviating the burden of these service payments while at the same time, maintaining a continued transfer of resources to the developing countries.
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Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 336.3'435091724 ABB (Browse shelf(Opens below)) Available 31008100152780

Includes index.

Bibliography: p. 304-307.

This book provides an informative review of the implications of the rapid growth in external debt by the developing countries. Steadily claiming a greater proportion of limited export earnings, the burden of the service payments is straining the external positions of these countries and reducing the resources available for development. Reflecting the current concern in the international community, the continued growth in the level of external debt has heightened the probability of default and forced retrenchment of development plans. As a means of avoiding this outcome, the author proposes a debt-relief-aid scheme that is aimed at alleviating the burden of these service payments while at the same time, maintaining a continued transfer of resources to the developing countries.

usc 20/08/18

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