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Economic development and the debt crisis.

By: Fischer, Stanley.
Material type: materialTypeLabelBookSeries: Working Paper Series; No. 17. Publisher: Washington : World Bank, 1988Subject(s): Economic development | Developing countries -- Debt -- Structural adjustment. -- Developing countries -- Debt -- Structural adjustment. -- Developing countries -- Debt -- Structural adjustmentSummary: The paper maintains that debtors and creditors including the international institutions should work toward longer-term adjustment plans that ensure debtor countries of adequate resource flows over several years and that lead to needed policy changes during the period of adjusment.
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The paper maintains that debtors and creditors including the international institutions should work toward longer-term adjustment plans that ensure debtor countries of adequate resource flows over several years and that lead to needed policy changes during the period of adjusment.

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