In This Review

International Borrowing by Developing Countries
International Borrowing by Developing Countries
By Marilyn J. Seiber
Pergamon Press, 1982, 209 pp
International Reserves, Exchange Rates, and Developing-Country Finance
International Reserves, Exchange Rates, and Developing-Country Finance
Edited by Norman C. Miller
Lexington Books, 1982, 157 pp

Expecting the debt problem of the developing countries to get worse, Seiber proposes the creation of a variety of rescue operations, including anticipatory rescheduling, discounting by the IMF, and help from OPEC. The distinguished participants in the conference covered in the Miller volume deal with a somewhat wider range of issues.