Development economics

Table of Contents

1. Topic pack - Development economics - introduction
2. 4.1 Economic development (notes)
3. 4.1 Economic development (questions)
4. 4.2 Measuring Economic Development (notes)
5. 4.2 Measuring development (questions)
6. 4.3 The role of domestic factors in economic development (notes)
7. 4.3 The role of domestic factors in economic development (questions)
8. 4.4 The role of international trade (notes)
9. 4.4 The role of international trade (questions)
10. 4.5 The role of Foreign Direct Investment (FDI) (notes)
11. 4.5 The role of foreign direct investment (questions)
12. 4.6 The role of foreign aid and multilaterial development assistance (notes)
13. 4.6 The role of foreign aid and multilateral development assistance (questions)
14. 4.7 The role of international debt (notes)
    1. Role of international debt - introduction
    2. The lenders
    3. International debt - case study
    4. Who is borrowing - the debtors?
    5. The debt crisis
    6. Looking at the data on lending and borrowing
    7. Debt and debt relief (video)
    8. Debt in Argentina - case study
    9. When does debt become a problem?
    10. How then can developing countries solve their indebtedness?
    11. Capital flight
    12. Debt relief
15. 4.7 The role of international debt (questions)
16. 4.8 The balance between markets and intervention (notes)
17. 4.8 The balance between markets and intervention (questions)
18. Print View

Looking at the data on lending and borrowing

The following document gives an excellent summary of the level of indebtedness between 1980 and 2008 as well as identifying the principal creditors - those who are owed money. You can see, from the data the relationship between the budget dedicated to basic social services and to servicing the debt in 1992-1997 in both Tanzania and Niger, which we have focused in this pack.

1. Identify the largest creditors and the biggest debtors (borrowers).
2. Explain how the level of foreign debt is changing.
3. Using data from the CADTM website, examine the level and significance of foreign debt in the highlighted developing countries.
4. To what extent do you believe that the lenders of funds to developing economies were irresponsible in their lending policies?