Strategies for Solution of Debt Crisis An Overview Mritiunjoy Mohanty This paper, focusing largely on the Latin A mehcan experience, seeks to analyse, from a systemic viewpoint, the various solutions that have been tried in the effort to defuse the debt crisis, ft examines the nature of the solutions, their stated rationale, success or failure as well as the impact on debtor economies, besides also seeking to explain the underlying systemic tendencies which required the kind of response that the debt crisis has elicited so far. The attempt is to analyse the crisis within the explicit framework of an unequal but interdependent world and how both these aspects have affected the process of resolving the crisis.
