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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