What lessons can we learn from the 1980’s and 1990’s debt crises for developing countries?

This paper examines the underlying factors that led to the unsustainable debt burden in low-income countries

From:
Department for International Development
Published
1 January 2014
Document Type:
Lessons Learned
Theme:
Economic Growth, Governance and Conflict
Authors:
Mustapha, S.

Abstract

This paper examines the key underlying factors that led to the unsustainable (external) debt burden during the 1980s and 1990s in low-income countries (LICs) that met the official criteria for designation as a Heavily Indebted Poor Country (HIPC).

Citation

Mustapha, S. What lessons can we learn from the 1980s and 1990 debt crises for developing countries and how are today’s conditions similar, how are they different? EPS PEAKS, UK (2014) 42 pp.

Published 1 January 2014
Contents