Since the 1940s, development thinking has been the subject of fierce debate and continual evolution. This title traces the ideas that have driven changing approaches to development, focusing also on the Prebisch-Singer thesis, which seeks to explain the widening gaps between rich and poor nations, caused by unequal distribution of trade benefits. Th ey discuss both aid during and after the Cold War, and the rise and subsequent liberalization crisis of the Asian tiger economies. The book goes on to explore the structural roots of the debt crisis and considers the impact of debt management on...

This book exposes intolerable global double standards in the treatment of debtors and argues that fairness, economic efficiency and principles common to all civilized legal systems, must and can be applied to so-called 'developing countries', or Southern sovereign debtors. Tracing the history of Southern sovereign debts, describing the critical role of non-governmental organizations (NGOs) in enforcing improvements, and discussing technical debt issues, this book presents a solution incorporating the Millennium Development Goals (MDGs) as an appropriate form of debtor protection. Although...