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Sovereign Debt at the Crossroads
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Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis

Chris Jochnick and Fraser A. Preston

Abstract

Recent world events have created a compelling need for new perspectives and realistic solutions to the problem of sovereign debt. The success of the Jubilee 2000 movement in raising public awareness of the devastating effects of debt, coupled with the highly publicized Bono/O'Neill tour of Africa, and the spectacular default and economic implosion of Argentina, have helped spur a global debate over debt. A growing chorus of globalization critics, galvanized by the Catholic Church's demand for forgiveness and bolstered by recent defaults, has put debt near the top of the international agenda. C ... More

Keywords: Jubilee 2000, Africa, Argentina, debt, globalization, financial institutions, economic recovery, IMF

Bibliographic Information

Print publication date: 2006 Print ISBN-13: 9780195168006
Published to Oxford Scholarship Online: May 2006 DOI:10.1093/0195168003.001.0001

Authors

Affiliations are at time of print publication.

Chris Jochnick, editor
Columbia University

Fraser A. Preston, editor