International Debt and Problems of Development

Language: English

Published by LAP LAMBERT Academic Publishing Aug 2010, 2010

3838394518 / 9783838394510

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -This study assesses the impact of the international debt burden on Cameroon's development. It is revealed in the study that Cameroon embarked on external borrowing in order to meet domestic expenditure and ensure a stable and viable local economy for meaningful development. Against this background series of international loans were contracted in order to uplift the living standards of Cameroonians. The underdevelopment theory is used as the theoretical framework to guide the study and test the propositions. The findings showed that Cameroon's international debt is a curse rather than a cure as the country devotes a greater part of its resources and revenue to the management of these loans and consequently cannot raise financial capital capable of fostering development. The study recommends the collective will of African countries to build self-sustaining local economies, reject massive expropriation of local resources and capital flight and the consequent rejection of external loans which often come with stringent conditionality meant to perpetuate underdevelopment. 92 pp. Englisch.…

Seller Inventory # 9783838394510

Title
International Debt and Problems of Development
Author
Ruth Fanny Kinge
Publisher
LAP LAMBERT Academic Publishing Aug 2010
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3838394518
ISBN 13
9783838394510
Item weight
155 grams
Dimensions
220x150x6 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

Shipping rates from Germany to U.S.A.

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BuchWeltWeit Ludwig Meier e.K.

Germany