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Book Review: IOU: The debt threat and why we must diffuse it


F Iyayi

Abstract



Noreena Hertz's book - I.O.U.: The Debt Threat And Why We Must Defuse
It - dedicates itself to the analysis of the huge foreign debt that is owed by
Third World countries. The analysis traces the history of the debt, the
processes by which the debt is maintained, the forces that maintain
the debt, the consequences of the debt and what needs to be done to mediate
these consequences.

NESG Economic Indicators Vol. 12 (2) 2006: pp. 64-71

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