In This Review

The Road To Economic Recovery: Report Of The Twentieth Century Fund Task Force On International Debt
The Road To Economic Recovery: Report Of The Twentieth Century Fund Task Force On International Debt
By
Priority Press, 1989, 123 pp
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To end muddling through, which will make the debt crisis more troublesome and difficult to deal with, the skilled members of this task force, of mixed backgrounds, more or less agree on a series of measures by debtors and creditors that will reduce the burdens and get both trade and finance flowing again. Although the analysis is crystal clear, some of the proposals are a bit fuzzy. The background paper by Rudiger Dornbusch has many good, sharp comments on the complex situation.