Debt and the Less Developed Countries

Part One: The Expansion of External Debt within the Less Developed Countries 1. Debt and Default in the International Political Economy 2. International Public Lending and American Policy 3. Private Overseas Lending: Too Far, Too Fast? 4. Financial Interrelations, the Balance of Payments, and the Dollar Crisis Part Two: Debt and Development 5. Bankers as Revolutionaries in the Process of Development 6. Debt, Indenture, and Development 7. Brazil's Debt-Burdened Recession: Consequences of Short-Term Difficulties or of Structures of Production and Consumption? 8. Political Economy of International Debt: The Dynamics of Financial Capital Part Three: The Politics of International Debt Renegotiations 9. Peru and the U.S. Banks: Privatization of Financial Relations 10. The Politics of Debt Relief: Official Creditors and Brazil, Ghana, and Chile 11. The Politics of Private Bank Lending and Debt Renegotiations 12. The IMF, Commercial Banks, and Third World Debts