First World Governments and Third World Debt
- 1 January 2002
- journal article
- research article
- Published by Project MUSE in Brookings Papers on Economic Activity
- Vol. 2002 (1) , 229-255
- https://doi.org/10.1353/eca.2002.0004
Abstract
First mexico, then Asia, then Russia and Brazil. Now Argentina and Turkey. As always when financial crises occur, questions arise about whether first world governments should change their role in the restructuring of third world debt, by restructuring the multilateral international financial institutions (IFIs), creating an international bankruptcy court, or adopting one of the many other proposals for reforming the international financial architecture.1Keywords
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