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taking actionto preventdebt crises taking place in developing countries
using the IMF and World Bankto createdebt in developing countries
In a world that has never been so in debt ( US$ 184 billion ) , multilateralism can also helpto preventdebt crises in developing countries
new structuresto preventthe next debt crisis in developing countries
higher US interest ratestriggeringdebt crises in overextended developing countries
‘ reckless or self - interested lending by the rich world(passive) was caused bymuch of the debt crisis in developing countries
many factorshave contributedto the debt crisis of developing countries
the needto preventanother debt crisis in developing countries
3.Whatcausedthe debt crisis in developing countries
those reborn financial marketssparkeda major debt crisis of developing countries
unsustainable debt burdens ... should financing conditions shiftcould createunsustainable debt burdens ... should financing conditions shift
to economic stagnationcould leadto economic stagnation
from overreach by local elites , who assume their buddies in government will bail them out if their bets go badresultfrom overreach by local elites , who assume their buddies in government will bail them out if their bets go bad
a further sharp increase in IMF financing , with higher levels of assistance provided to individual countriestriggereda further sharp increase in IMF financing , with higher levels of assistance provided to individual countries
more dependence on external debtto causemore dependence on external debt
certainlycould ... leadcertainly
from this systemhas resultedfrom this system
to block this sick businessdesignedto block this sick business
to the widespread adoption of Structural Adjustment Programs ( SAPsledto the widespread adoption of Structural Adjustment Programs ( SAPs