Abstract

The Plunge into Debt Debt and the Balance of Payments Debt and Development Strategies Sovereign Debt and Private Lenders The Influence of the External Environment Governments and the IMF IMF and IBRD Conditionality Domestic Adjustment in Debtor Countries The Response of the United States Debt Renegotiation and Rescheduling Conclusion Appendix: U.S. Treasury and Federal Reserve Support Operations for Debtor Nations Selected Bibliography Index

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