IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v5y1985i3p345-369id1852.html
   My bibliography  Save this article

The debt crisis: a longer-term perspective

Author

Listed:
  • Albert Fishlow

Abstract

The year of 1984 was characterized by important advances in coping with thedeveloping country’s debt burden. It is no wonder, in view of these gains registered in 1984,that there is a certain complacency and even smugness regarding the continuing evolutionof the debt problem. This paper examines four principal issues on which the future evolutionof the debt problem depends. First is the influence of international economic activity onthe performance of the debtor countries. Second, is the permanence of developing countryadjustment. Third, is the stability of the new debt regime that is now in place. And fourth isthe likelihood of the new external resources to replace the decline in commercial bank lendingthat is generally forecast. JEL Classification: F32; F34; H63.

Suggested Citation

  • Albert Fishlow, 1985. "The debt crisis: a longer-term perspective," Brazilian Journal of Political Economy, Center of Political Economy, vol. 5(3), pages 345-369.
    • Handle: RePEc:ekm:repojs:v:5:y:1985:i:3:p:345-369:id:1852
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1852/1838
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Debt crisis; international capital flows; foreign debt;
    All these keywords.

    JEL classification:

    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:5:y:1985:i:3:p:345-369:id:1852. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.