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The case for cancellation

George C. Abbott

Intereconomics – Review of European Economic Policy (1966 - 1988), 1975, vol. 10, issue 7, 217-221

Abstract: Given the chronic and crippling impact which their mounting international indebtedness exerts on the economies of many developing countries, cancellation on a fairly comprehensive basis seems the only realistic way of coping with this problem. According to the author, the existing objections to a write-off are mainly emotional and psychological and refuse to recognise that relationships have changed.

Keywords: Debt; Consolidation (search for similar items in EconPapers)
Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139231

DOI: 10.1007/BF02928952

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