Research Catalog

Title

The Politics of global debt / edited by Stephen P. Riley.

Publication

New York, N.Y. : St. Martin's Press, 1993.

Items in the Library & Off-site

Holdings

Details

Additional Authors

Riley, Stephen P., 1949-

Description

xiii, 205 pages; 23 cm.

Summary

• Since the 1970s country after country, throughout the world, has been devastated by an escalating and uncontrollable external debt.
• Why has this global debt crisis emerged? Who or what incurred the debt, and who or what is repaying it? How does the distribution of indebtedness, and its effects, relate to the distribution of political power? Does debt give the creditor power, or if sufficiently indebted can debtor states wield a countervailing power? What are the ethical issues involved? What are the consequences of debt for sovereignty, future economic strategy and sustainable development?
• These are some of the issues which The Politics of Global Debt seeks to address. The book is a detailed political analysis of the origins and consequences of this debt crisis. It assesses both Marxian, '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 focuses on 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.

Series Statement

International political economy series

Uniform Title

International political economy series.

Subject

• Debts, External
• International economic relations
• Economic history > 1971-1990
• Economic history > 1990-
• Debts

Bibliography (note)

• Includes bibliographical references (p. 197-201) and index.

Contents

1. Introduction: The Politics of Debt Crises / Stephen P. Riley -- 2. Discipline and Punish: The New Right and the Policing of the International Debt Crisis / Stuart Corbridge -- 3. Debt and Imperialism: Perspectives on the Debt Crisis / Malcolm J. Grieve -- 4. Dictatorship, Democracies and the Debt Crisis / Arvind K. Jain -- 5. The Latin American Debt Crisis / Phil O'Brien -- 6. Debt, Democracy and the Environment in Africa / Stephen P. Riley -- 7. American Agriculture and the Debt Crisis / David Freshwater -- 8. The Political Consequences of External Debt in Eastern Europe / George A. Potts -- 9. External Debt, Economic Success and Economic Failure: State Autonomy, Africa, and the NICs / Roger Charlton -- 10. Conclusions / Stephen P. Riley.

ISBN

• 0312096364
• 0333523628

LCCN

93000014

OCLC

ocm27265957

Owning Institutions

Columbia University Libraries