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Debt Problems of Eastern Europe : Cambridge Russian, Soviet and Post-Soviet Studies - Iliana Zloch-Christy

Debt Problems of Eastern Europe

Cambridge Russian, Soviet and Post-Soviet Studies

Paperback

Published: 3rd March 2011
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In this 1988 book, Iliana Zloch-Christy analyzes the causes and consequences of the massive Eastern European debt to the West accumulated in the 1970s. In assessing the region's convertible-currency debt problem, the author addresses five main issues: the origins of the debt; the possibility that such a debt was essential to Eastern Europe's economic development; the effects of the countries' own adjustments to the problem; Western policies toward resolving the Eastern European debt difficulties; and the outlook for the debt during the rest of the 1980s. This book evaluates the flaws of the centrally planned economies that led to the crisis, as well as the countries' lack of effective structural adjustment. The author also covers the roles of the International Monetary Fund and the World Bank, and looks at the potential debt consequences of resurging East-West trade.

List of figures and tables
Preface
Acknowledgements
Note on state creditworthiness
List of abbreviations and symbols
Economic growth, external disturbances, and macroeconomic adjustment in Eastern Europe
Eastern European debt crisis
Rescheduling Eastern European debt
The role of international financial institutions in resolving the Eastern European debt problems
Eastern European debt and the 'prisoners' dilemma'
Lending to Eastern Europe: problems of country risk analysis
Eastern European debt prospects
Conclusion
Appendix
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521169318
ISBN-10: 0521169313
Series: Cambridge Russian, Soviet and Post-Soviet Studies
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 242
Published: 3rd March 2011
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 21.6 x 14.0  x 1.4
Weight (kg): 0.31