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Third World: public debt, private profit

Journal Article · · Foreign Policy; (United States)
OSTI ID:5009959

Five articles describe the nature and level of non-oil developing-country indebtedness, the constraints debt places on each country's freedoms, and the effects of new international relief proposals. The first paper recommends a greater balance and collaboration between the public and private sectors and a reduction of U.S. oil imports relative to imports of other products from developing countries. The remaining papers analyze the roles of the World Bank and the International Monetary Fund and the conflict over economic policies against social and political repression; support for the Witteven facility as a stabilizing force; support for increasing foreign aid to supplement that given by the Organization of Petroleum Exporting Countries; and the need for a new, better-balanced world economic order.

OSTI ID:
5009959
Journal Information:
Foreign Policy; (United States), Journal Name: Foreign Policy; (United States) Vol. 30; ISSN FRPLA
Country of Publication:
United States
Language:
English

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