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The 1980s saw a debt crisis among developing countries that indicated a deeper, dangerous fault in the foundations of financial mechanisms. Rocha argues that contractually provided adaptation mechanisms can help avoid the disruption of medium- and long-term financing transactions; he also challenges the current practice of hazardous and resource-consuming ad hoc debt rescheduling.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.