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Y376 International Political Economy October 8, 2009
Petro-Dollar Recycling Oil-importing ICs Oil-exporting Countries International Banks Third World borrowers $ $ $ $
Debt Renegotiation and Rescheduling ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Problems of Cooperation in Debt Negotiations ,[object Object],[object Object],[object Object]
Debt Crisis Management
Baker Plan  1985 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Brady Plan  - 1989   Treasury Secretary Nicholas Brady ,[object Object],[object Object],[object Object]
Debt-Equity Swaps ,[object Object],[object Object],[object Object],Used by Chile and Mexico to reduce debt
Debt-for-Nature Swaps ,[object Object],[object Object]
Example: Costa Rica Rain Forest
HIPC Strategy ,[object Object],[object Object],[object Object]
HIPC Countries as of 1999
Preliminary Results of HIPC
Bono and Bill Gates Campaign for Debt Relief
The Washington Consensus ,[object Object]
The Ten Recommendations  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Challenges for Global Governance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nightmare Scenarios of the Anti-Globalization Movement ,[object Object],[object Object],versus
Global Inequality Remains a Serious Problem
The Defense of Globalization ,[object Object],[object Object],[object Object],[object Object]

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