Forgive us our debts: The Third World's financial crisis

Griesgraber, Jo Marie
January 1997
Christian Century;1/22/97, Vol. 114 Issue 3, p76
Focuses on the debt crisis in Third World countries. Christian community's advocacy of clemency for severely indebted countries; Call for incremental changes in the structure of Third World debt; Inability of most developing countries to pay their foreign debts; Social issues arising from prioritizing debt payments by Third World countries.


Related Articles

  • Another Round of Retroactive Terms Adjustment. Abbott, George C. // European Journal of Development Research;Dec89, Vol. 1 Issue 2, p60 

    Examines the concept of retroactive terms adjustment (RTA) for relief to indebted countries. Reduction or write-off of debts; Formalization of RTA with the adoption of Resolution 165(S-IX) by the Trade and Development Board; Main contributors to the RTA; Approach of creditor countries to the...

  • The catch-22 of debt. Watkins, Kevin // New Statesman & Society;3/1/96, Vol. 9 Issue 392, p30 

    Focuses on the failure of multinational creditors to find a solution to the third world's debt problem. Results of a summit on debt relief of the Group of Seven countries in 1995; Debts by African countries as of 1996; Arguments against debt relief.

  • The dictatorship of debt. Ransom, David // New Internationalist;May99, Issue 312, p7 

    Focuses on the foreign debt of Third World countries. Causes of the growing debt burden of impoverished nations; Relationship between dictatorship, foreign loans and the transfer of private liabilities to the public; History of the Third World debt crisis; Proposals to offer debt relief to...

  • Starting from scratch. Mihevc, John // New Internationalist;May99, Issue 312, p28 

    Explores the origin of the Jubilee 2000 campaign for the cancellation of the foreign debt of Third World countries. Biblical basis of the campaign; Ethical insights in the Jubilee vision; Combination of hope and realism in the Jubilee campaign.

  • `The year of the Lord'. Hanna // Network News;Fall99, Vol. 19 Issue 4, p12 

    Focuses on the Jubilee 2000 Campaign. Advocation of debt relief for the poorest nations by the year 2000; Support for campaign from faith communities and humanitarian organizations; Formation of human chains around the United States Treasury; Proposals for addressing the debt crisis. INSET:...

  • Debt relief and institutional reform: a focus on Heavily Indebted Poor Countries. Asiedu, Elizabeth // Quarterly Review of Economics & Finance;Fall2003, Vol. 43 Issue 4, p614 

    This paper presents a model that links debt relief to the quality of institutions in a country. An important result is that a country needs to achieve some minimum threshold of institutional quality in order to benefit from debt relief. For the empirical analysis, I employ 12 measures of...

  • Getting Students Engaged About Africa. Shofar, Angelique // Black Issues in Higher Education;3/10/2005, Vol. 22 Issue 2, p8 

    Reports on the launch of a campaign against economic injustices toward African countries by the Africa Initiative Program of the American Friends Service Committee. Impact of repayment of external debt on African countries; Efforts in soliciting the participation of college students in the call...

  • The money trap.  // Geographical (Campion Interactive Publishing);Jun99, Vol. 71 Issue 6, p88 

    Focuses on the problem on foreign debts of developing countries. Problems countries face as a result of debt; Campaign of the Jubilee 2000 Coalition for debt cancellation; Social aspects of debt; Economic and political policies and interventions which must follow debt cancellation.

  • Jubilee 2000. Labes, Lucinda // Ecologist;Nov/Dec98, Vol. 28 Issue 6, In Brief p4 

    Focuses on Jubilee 2000, an international campaign for the cancellation of Third World debt. Demand of debt repayment by creditor nations on debtor nations; Information on amount spent by debtor countries; Inadequacy of the Highly Indebted Poor Country (HIPC) Initiative of the World Bank and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics