External borrowing, capital formation and growth in developing countries

Rainer Erbe

Intereconomics – Review of European Economic Policy (1966 - 1988), 1984, vol. 19, issue 1, 16-23

Abstract: Since the summer of 1982 the banking community has been faced with an international debt crisis of unprecedented dimensions. The debt rescheduling agreements that have been negotiated since then involve sums totalling no less than $ 100 billion. However, they give the international financial system no more than a breathing-space. The following two articles deal with different aspects of this crisis. Rainer Erbe examines the question as to what growth effects were associated with external borrowing. Can a lack of growth effects be made responsible for the crisis or were other factors more important? This is followed by an article by Anton Konrad who discusses the proposals which have been made for long-term crisis management. What are their chances of success?

Keywords: Debt; Crisis (search for similar items in EconPapers)
Date: 1984
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/139896/1/v19-i01-a04-BF02928286.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139896

DOI: 10.1007/BF02928286

Access Statistics for this article

More articles in Intereconomics – Review of European Economic Policy (1966 - 1988) from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().