The Politics of Global Debt
Author | : Stephen P. Riley |
Publisher | : Springer |
Total Pages | : 217 |
Release | : 2016-07-27 |
ISBN-10 | : 9781349228201 |
ISBN-13 | : 1349228206 |
Rating | : 4/5 (01 Downloads) |
Book excerpt: The Politics of Global Debt is a detailed political analysis of the origins and consequences of the `global debt crisis' which emerged in the early 1980s. It assesses both `imperialist' and `New Right' interpretations of the crisis, and also presents a series of case studies of the effects of external debt upon Africa, Latin America, Eastern Europe and Asia. The book focusses upon the `sovereign debt' of states, and its management, and examines the ways in which global economic structures, inefficient policies, weak institutions, and corrupt political leaders contribute to a global debt crisis which has both international and domestic roots.