Vicious Circle of External Debt Servicing

by Alvaro Cencini and B. Schmitt

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The objective of this book is to show that the debt servicing problem is related to the actual structure of monetary payments and that its understanding requires a new approach to monetary analysis. After a critical appraisal of the International Monetary System from Bretton Woods onwards the authors propose an original accounting solution to the problem of external debt servicing. Their proposals are likely to create controversy in this politically sensitive area of world economics.
  • ISBN10 0861871855
  • ISBN13 9780861871858
  • Publish Date 21 February 1991
  • Publish Status Out of Print
  • Out of Print 24 July 2003
  • Publish Country GB
  • Imprint Cengage Learning EMEA
  • Format Hardcover
  • Pages 248
  • Language English