In This Review
The International Debt Crisis In Historical Perspective

The International Debt Crisis In Historical Perspective

Edited by Barry Eichengreen and Peter H. Lindert

MIT Press, 1990, 282 pp.

After disparaging economic history for a generation or more, economists are beginning to look to it for help in understanding current problems. This integrated collection studies past surges of lending to developing countries and how they compare to present difficulties; the book is suggestive, reasonably rigorous and most interesting.