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The role of the state in foreign borrowing by developing countries
Authors:Susanne Schattner  Klaus Stanzel
Institution:1. HWWA-Institut für Wirtschaftsforschung-Hamburg, Hamburg
Abstract:The debt crisis that has been rumbling for many years repeatedly necessitates fresh rescheduling negotiations. These debt rescheduling conferences bring together two fundamentally different partles: on the one side are the emissaries from the big international banks and on the other the government representatives from the debtor country in question.
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