Third World Debt Crisis (G-SIG: 11000775)

Summary

Debt relief for the least developed countries, partial relief, debt restructuring, introduction of caps on interest rates and the proportion of export proceeds to be used for debt servicing; Proposal for an international debt conference; Compliance with debt restructuring agreements by the debtor countries, including through the introduction of minimum social standards, limitation of defense spending, and combating capital flight; Market opening for developing countries; Strengthening the commitment of the IMF, the World Bank, regional development banks and private credit institutions; Appropriation of 1 billion DM into a national development fund through savings in the defense budget

Machine translation from German. The official text remains authoritative.

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Documents

2 official files

• 11/2342

  Drucksache · DE · 19 May 1988

  ViewDownloadOpen at official source

• 11/826

  Drucksache · DE · 17 September 1987

  ViewDownloadOpen at official source

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