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Third World debt

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  • Third World debt — ➔ debt * * * Third World debt UK US noun [U] ECONOMICS ► money that is owed to rich countries by the poorer countries of the world: »the Third World debt crisis »He is encouraging the world s industrialized countries to support a plan to cancel… …   Financial and business terms

  • Committee for the Abolition of the Third World Debt — The Committee for the Abolition of the Third World Debt (CADTM) is an international network of activists who strive to develop and implement radical alternatives that would contribute to the maintenance, and indeed retrieval, of fundamental human …   Wikipedia

  • Third World debt —   the huge sums of money owed by ELDCs to EMDCs, banks and institutions such as the IMF. Often debts become so huge that the country may struggle even to pay the interest …   Geography glossary

  • Third World — n the Third World the poorer countries of the world that are not industrially developed. Some people now consider this expression offensive. >Third World adj ▪ Third World debt …   Dictionary of contemporary English

  • Third World — adjective 1. ) OFFENSIVE Third World countries are poor and do not have much industrial development. People now prefer to use the word developing. 2. ) relating to developing countries: Third World debt …   Usage of the words and phrases in modern English

  • Third World — For other uses, see Third World (disambiguation). See also: Three Worlds Theory The three worlds as they were separated during the Cold War era, each with its respective allies as of the period between 30 April 1975 (the fall of Saigon) and 23… …   Wikipedia

  • Third World — ♦♦♦ N PROPER: the N, N n The countries of Africa, Asia, and South America are sometimes referred to all together as the Third World, especially those parts that are poor, do not have much power, and are not considered to be highly developed.… …   English dictionary

  • Third World — UK / US adjective economics 1) old fashioned Third World countries are poor and do not have much industrial development. People now prefer to use the word developing. 2) relating to developing countries Third World debt …   English dictionary

  • Debt relief — is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and… …   Wikipedia

  • World Bank — logo Type International organization Legal status Treaty Purpose/focus Crediting …   Wikipedia

  • Debt-for-nature swap — Debt for nature swaps are financial transactions in which a portion of a developing nation s foreign debt is forgiven in exchange for local investments in environmental conservation measures. Contents 1 History 2 How Debt for Nature Swaps Work 3… …   Wikipedia

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