Debt Problems and the World Macro Economy

Rudiger Dornbusch

No 2379, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper investigates the role of interest rates, commodity prices, growth in bringing the debt crisis about and how they facilitated or made more difficult the first five years of adjustment. We also ask whether and how the world macroeconomy is likely to contribute to the solution of the debt problem in the next five years.

Date: 1989-02
Note: ITI IFM
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Chapter: Debt Problems and the World Macroeconomy (1989)
Chapter: Debt Problems and the World Macroeconomy (1989)
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