Between Realism and Reality

The Reagan Administration and International Debt

• Author(s): James W. Joseph,
• Publisher: University Press of America
• Pages: 195
• ISBN_10: 0819192759
  ISBN_13: 9780819192752
  
• Language: en
• Categories: Business & Economics / Public Finance , Business & Economics / International / Economics & Trade , Political Science / Public Policy / Economic Policy , Political Science / American Government / National ,

Description:... This book uses a complex interdependence model to explain U.S. policy on international debt between 1981 and 1985. The author analyzes four cases: the administration's decision in early 1982 to pay interest due from Poland to U.S. banks on hundreds of millions of dollars in agricultural credits; the administration's actions to prevent a default by Mexico on its international debt; the decision by Reagan officials to support an increase of $8.4 billion in the U.S. share of the lending quota for the International Monetary Fund; and the 'Plan for Sustained Growth' designed to increase dramatically the amount of money lent to developing countries.