The Debt Squads
The U.S., The Banks, and Latin America
Branford, Sue; Kucinski, Bernardo
Year Published: 1989
Pages: 192pp ISBN: 0-86232-791-1
Resource Type: Book
Cx Number: CX18742
With major banks now writing off a part of their outstanding loans, the debt crisis remains in the news. The problems of a continent struggling, under pressure from IMF programmes, to keep up its repayments, are having world-wide repercussions. Now, in contrast to the analyses which have reflected the interests of the banks, this book brings in the crucial Latin American perspective. It reveals the dramatic effect that the pressure to keep up repayments has had on the debtor nations.