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Paying Dearly
The International Debt Crisis
Year Published: 1987
Resource Type: Article
Abstract: Ten Days for World Development, a group supported by agencies of the Anglican, Lutheran, Presbyterian, Roman Catholic and United Churches of Canada and by CIDA, publishes annually a series of information bulletins with a common focus. This year, the focus is on the international debt crisis. PAYING DEARLY provides a coherent, simplified explanation of the crisis facing both debtor and creditor countries, by examining such questions as: "Why did countries borrow?", Why did they borrow so much?", Why was so much money lent?," "What was the money spent on?". What went wrong?", and "So where do we go from here?"
Copies of the article are still available Ten Days, although they are limited numbers. Single copies can be photocopied or reproduced, providing credit is given to the agency.
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