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- W2494959596 abstract "While the 1970s can be considered the decade of rapid debt accumulation and the 1980s that of economic deterioration in the Third World, the 1990s will be the decade of intense debt management negotiations between international creditors and debtor states and economic adjustment negotiations between the state and its domestic constituents. Arising from these negotiations are both a paradox and a dilemma for Third World states as they seek to work their way through the maze of indebtedness. The paradox for debtors concerns the nature and role of state power during this period of economic decline. On the one hand, state capabilities are considered weak and ineffective in combating political instability, social disunity, and scarcity of economic resources. Yet, the state in the Third World has shown remarkable resiliency in extending and developing its bureaucratic and administrative powers. Is the state, in indebted societies, withering away, losing its control over members of its society as well as foreign interests? Or, has the state been able to adapt to changing circumstances which may permit it some degree of freedom in its negotiations with internal and external interests?" @default.
- W2494959596 created "2016-08-23" @default.
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- W2494959596 date "1993-01-01" @default.
- W2494959596 modified "2023-09-23" @default.
- W2494959596 title "Introduction: Strategic Bargaining and Economic Adjustment in the Third World" @default.
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- W2494959596 doi "https://doi.org/10.1007/978-1-349-22731-0_1" @default.
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