, Volume 23, Issue 5, pp 203–207 | Cite as

The debt crisis and structural adjustment in developing countries

  • Horst Tomann
World Bank


A fundamental change is emerging in the World Bank's perception of the problems of the debt overhang and in its ideas for development strategies. The author examines the implications for debtor countries.


Interest Rate Structural Adjustment Debt Crisis Debt Service Trade Surplus 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. 1.
    Cf. World Bank: World Development Report 1988.Google Scholar
  2. 2.
    Cf. World Bank: World Development Reports 1987 and 1988; and IMF: World Economic Outlook, April 1988.Google Scholar
  3. 3.
    Cf. J. Aylen: Privatization in Developing Countries, in: Lioyds Bank Review, No. 163, 1987.Google Scholar
  4. 4.
    Cf. C. Michalopoulos: World Bank Programs for Adjustment and Growth, in: V. Corbo et al. (eds.): Growth-Oriented Adjustment Programs, Washington 1987.Google Scholar
  5. 5.
    Cf. World Bank: World Development Report 1988.Google Scholar
  6. 6.
    Cf. M. Nitsch and A. Malagardis: Mit souveränen Schuldnern leben. Verschuldungskrise und Insolvenzregelungen, in: Interdependenz, No. 2/1988.Google Scholar
  7. 7.
    Cf. UNCTAD: Trade and Development Report, Autumn 1988.Google Scholar

Copyright information

© HWWA and Springer-Verlag 1988

Authors and Affiliations

  • Horst Tomann
    • 1
  1. 1.Free UniversityWest BerlinGermany

Personalised recommendations