Debt and Development

About this book

Focuses on the international debt crisis of the 1980s and 1990s, and its economic and geo-political consequences.

Contents

List of Tables. List of Figures. List of Abbreviations. Acknowledgements. One: Introduction. Part I: Describing the Debt Crisis-A Standard Narrative Account: Two: The Debt Crisis: a Standard Narrative Account. 1. Introduction. DATA AND DEFINITIONS. 2. Data Sources. 3. Definitions. THE DEBT CRISIS TAKES SHAPE. 4. Debt Trends: 1945-1982. 5. The Crisis: 1982-1983. DEBT CRISIS MANAGEMENT. 6. Containment, Adjustment and Austerity. 7. The Baker Plan: Adjustment with Growth. 8. Brady and the Market-menu Approach. Part II: Decoding the Debt Crisis: Discourses on Debt and Development: Three: The Debt Crisis: A system-stability Perspective. 1. Introduction. 2. Subjective Perspectives, Invisible Hands and Spontaneous Orders. 3. The Counter-revolution in Development Theory and Policy. 4. The Debt Crisis: Two System-stability Models. 5. Policing the Debt Crisis. 6. Conclusion and Critique. Four: The Debt Crisis: a System-correction Perspective. 1. Introduction. 2. Keynesianism-Pragmatism. 3. Keynesian Development Studies. 4. Debt and Development. 5. Policies for Debt Crisis Management. 6. Conclusion and Critique. Five: The Debt Crisis: a System-instability Perspective. 1. Introduction. 2. Marxism and Radical Political Economy. 3. Radical Development Studies. 4. Debt and Development Crisis. 5. Policing the Debt Crisis. 6. Conclusion and Critique. Six: Conclusion. Bibliography. Index.

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