Third World Debt and Macroeconomic Interactions Between the North and South
探讨了南方国家债务危机的成因、南北宏观经济联系以及债务重组方案，指出危机既源于南方国内政策，也与南北经济联动有关，解决需南北合作。
In this article the authors examine three issues: the causes of the South's debt crisis, the nature of the macroeconomic linkages between the North and South, and some of the debt rescheduling programmes. The crisis was due not only to domestic policies in the South but also to the macroeconomic linkages between the South and the OECD economies. These linkages may also play an important part in its cure. Debt adjustment with growth for the South needs a package of measures including greater co‐operation on macroeconomic policies and trade issues between North and South and a commonly agreed position on outstanding debt.