Titlebook: Economic Development and World Debt; H. W. Singer (Emeritus Professor, Fellow),Soumitra Book 1989 H. W. Singer and Soumitra Sharma 1989 De

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,Das professionelle Verkaufsgespräch,The real Adam Smith, like his contemporary copy, wrote during a period of long economic crisis. He made the two above cited observations, which afford us important historical perspective on the contemporary debt crisis.

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Surpluses for a Capital-hungry WorldThe high growth rate of Japan has been upheld as a model for the more tired economies of Great Britain and the US. While Japan’s GNP grew annually by 4.3 per cent between 1980 and 1985, the average growth rate of other industrial countries was only 2.2 per cent. The US growth rate declined from 6.6 per cent in 1984 to 2.3 per cent in 1985.

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Auf dem Weg zu neuen Hochschultypenas major developing country borrowers), by international financial institutions (such as the IMF) and by private banks — to reschedule debts and to seek adjustment by debtor economies; this adjustment of debtor economies was largely geared to assure that within the current international environment,

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