In this paper it is argued that the willingness of debtors to make external debt-service payments reflects, in part, their inability to credibly and permanently suspend debt service. The benefits of a credible debt-service suspension would include increased private investment. But this would, in...

The demand for control over transnational corporations forms part of the demands for a New International Economic Order. The statements about the question of effective means of control are however so far vague and in the context of the demands for a New Economic Order even contradictory. Until...