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Economic development and the debt crisis (Inglés)

Since it was first recognized in August 1982, the international debt crisis has dominated economic policy making in the developing countries. The prolonged debt crisis of those highly indebted countries whose debts are owed primarily to the commercial banks has resisted all the creative financial engineering efforts of the last few years. Fundamental changes in the debtor countries have been slow in coming. Reforms will be more likely if the debtor...
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