Recent Submissions

  • Editorial 

    Faber, Mike; Griffith-Jones, Stephany (Institute of Development Studies, 01/04/1990)
  • The Debt Crisis at the Turn of the Decade 

    Williamson, John (Institute of Development Studies, 01/04/1990)
    SUMMARY John Williamson's paper examines the Brady Plan and its implementation, in the context of debt management since the early 1980's. It makes several proposals to improve the effectiveness of the Brady Plan, so that ...
  • Development vs Debt: Past and Future 

    Portes, Richard (Institute of Development Studies, 01/04/1990)
    SUMMARY Richard Portes' article examines the lessons which the debt crises of the 1930's have for the 1980's. The article also examines a recent event — changes in Eastern Europe — and analyses the possible likely effects ...
  • The Shaping of the Brady Proposals 

    Faber, Mike (Institute of Development Studies, 01/04/1990)
    SUMMARY Mike Faber's article examines the reasons for the timing of the Brady proposals. It then looks at both the similarities and differences between the Brady strategy and the previous phases of debt management, ...
  • The Menu Approach 

    Devlin, Robert (Institute of Development Studies, 01/04/1990)
    SUMMARY Robert Devlin's article looks in some detail at the stage before the Brady Plan was implemented, (the market menu approach), in which the concept of debt reduction was informally gradually ushered in. Amongst ...
  • 1. The Renegotiation of Mexico's External Debt 

    Armella, Pedro Aspe (Institute of Development Studies, 01/04/1990)
    SUMMARY Pedro Aspe's article examines in detail the recent Mexican deal under Brady. It stresses the net savings in interest payments achieved as well as the reduction of the total debt. The article also examines projected ...
  • 2. Brady and the Philippines: What Progress? 

    Green, Reginald Herbold (Institute of Development Studies, 01/04/1990)
    SUMMARY Reginald Green's paper examines the Philippines deal in the context of the Brady Plan, emphasising that debt reduction in the Philippines package — though positive in itself — needs to be assessed against the ...
  • 3. The Costa Rican Debt Deal: Is Small Beautiful? 

    Griffith-Jones, Stephany (Institute of Development Studies, 01/04/1990)
    SUMMARY Stephany Griffith?Jones' paper examines the Costa Rican deal, reached in the context of the Brady Plan; this package has substantive debt and debt service reduction elements, with no ‘new money’ from the private ...
  • The New Roles and Facilities of the IMF 

    Russell, Robert (Institute of Development Studies, 01/04/1990)
    SUMMARY Robert Russell's article examines the International Monetary Fund's role in the debt management strategy. It further describes the broad functions performed by the IMF, particularly in relation to developing ...
  • The Paris Club and African Debt 

    Mountfield, Peter (Institute of Development Studies, 01/04/1990)
    SUMMARY Peter Mountfield's article provides an insider's historical account of how working procedures evolved in the Paris Club. It also describes the main features of a Paris Club agreement, as well as the proceedings ...
  • The New Roles and Facilities of the World Bank 

    Toft, Anthony (Institute of Development Studies, 01/04/1990)
    SUMMARY Anthony Toft's article explains the participation of the World Bank in debt management, and puts it in the context of the World Bank's broader role to encourage structural adjustment in developing countries. ...
  • A. The Debt Problem at the Crossroads 

    Rhodes, William (Institute of Development Studies, 01/04/1990)
    SUMMARY William Rhodes' article gives a positive evaluation of the Brady proposals; it puts forward the Mexican package as an example of the gains to be made by the implementation of the Brady Plan. RESUME Le point ...
  • C. The Time is Ripe 

    Herrhausen, Alfred (Institute of Development Studies, 01/04/1990)
    SUMMARY Alfred Herrhausen's article emphasises the need for important changes to the debt strategy. It also presents his own proposal for dealing with the debt problem. RESUME L'article d'Alfred Herrhausen insiste ...
  • B. How a Major Creditor Views the New Proposals 

    Larkman, Jolyon (Institute of Development Studies, 01/04/1990)
    SUMMARY The articles by Jolyon Larkman, Sir Kit McMahon and Sir Jeremy Morse all evaluate critically the Brady Proposals. RESUME Les articles de Jolyon Larkman, Sir Kit McMahon et Sir Jeremy Morse font tous une ...
  • D. Joint Memorandum to the Treasury and Civil Service Committee 

    McMahon, Sir Kit; Morse, Sir Jeremy (Institute of Development Studies, 01/04/1990)
    SUMMARY The articles by Jolyon Larkman, Sir Kit McMahon and Sir Jeremy Morse all evaluate critically the Brady proposals. RESUME Les articles de Jolyon Larkman, Sir Kit McMahon et Sir Jeremy Morse font tous une ...
  • A. Supervisory Attitudes in the USA 

    Corrigan, E. Gerald (Institute of Development Studies, 01/04/1990)
    SUMMARY Gerald Corrigan's article presents the changes already implemented by the US regulatory authorities and makes further proposals to facilitate the implementation of the Brady proposals. RESUME Le point de vue ...
  • B. The New Bank of England Rules for Provisioning 

    Griffith-Jones, Stephany (Institute of Development Studies, 01/04/1990)
    SUMMARY Stephany Griffith?Jones' article presents in some detail the new 1990 Bank of England matrix, which provides detailed rules for British banks' provisioning against possible Third World losses. RESUME L'article ...
  • The Role of Export Credit Insurance 

    Breach, Gerald (Institute of Development Studies, 01/04/1990)
    SUMMARY Gerald Breach's article discusses the effect of the debt crisis on Britain's ECGD and gives a detailed account of how the ECGD is responding. RESUME Le rôle des assurances de crédit exporté L'article de ...
  • Some Accounting and Tax Aspects of LDC Debt Provisioning 

    Hogg, Mitchell (Institute of Development Studies, 01/04/1990)
    SUMMARY Mitchell Hogg's article takes a detailed look at tax and provisioning requirements from the point of view of an accountant and bank auditor. RESUME De nouvelles directives pour l'approvisionnement L'article ...
  • The Changing Secondary Market 

    Wood, Gordon (Institute of Development Studies, 01/04/1990)
    SUMMARY Gordon Wood's article describes the operation of the secondary market for trading Third World debt. It analyses some of the main determinants for the levels of prices in those markets. RESUME Le marché ...

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