Since the financial crisis in 2008-09, concern over the sustainability of some EU countries’ sovereign debt has continued to mount higher and higher. This paper explores the ways in which the financial crisis caused the deterioration of European debt-to-GDP ratios, examines which countries are...

The problem of the growing indebtedness of developing countries is playing an increasingly important role at international conferences. It was also the central subject of the ninth special session of the UNCTAD Board whose third part ended on March 11, 1978. The resulting resolution, though not...

The flight of capital from the highly indebted developing countries undoubtedly constitutes one of the most serious problems that are making the international debt crisis difficult if not impossible to resolve. Dr. Nölling outlines some suggestions for action which could limit capital flight...