ABSTRACT

This book describes and explains the long-term dynamics of Third World debt during the nineteenth and twentieth centuries, focusing on the various specific historical patterns of foreign loans, financial crises, and debt settlements between 1820 and 1990.

chapter |8 pages

Introduction

part One|34 pages

Periphery Indebtedness in the World-Economy

part Two|67 pages

Empirical Evidence of Global Debt Cycles

chapter 5|23 pages

Global Debt Crises

chapter 6|25 pages

The Pattern of Debt Settlements

part Three|83 pages

Case Studies: The Debt Histories of Peru, Liberia and Turkey