Who owes who? 50 questions about world debt

• Main Authors: Millet, Damien (Author), Toussaint, Eric (Author)
• Format: Book
• Language: English
• Published: London Zed Books in association with CADTM 2004
• Series: Global issues in a changing world
• Subjects: Debt relief > Developing countries; Debts, External > Developing countries; Developing countries > Economic conditions > 20th century; Developing countries > Economic policy
• Online Access: Click Here to View Status and Holdings.
• Physical Description: x, 185 pages illustrations, maps 21 cm
• Bibliography: Includes bibliographical references (p. 182-185)
• ISBN: 9781842774267; 1842774263; 9781842774274; 1842774271; 9781552661512; 1552661512; 9788182910010; 8182910013; 9789832535423; 9832535425

Using 50 questions and answers, this book explains the debt impasse for developing countries in a simple but precise manner. It details the roles of the various actors involved, the mesh in which indebted countries are caught, the possible scenarios for getting out of the impasse, and the various alternatives to future indebtedness. It also sets out the various arguments - moral, political, economic, legal and environmental - on which the case for a wholesale cancellation of developing countries' external debt rests. It replies to the range of possible objections and proposes new ways of financing development at both local and international level