Rudiger Dornbusch, "Expectations and exchange rate dynamics." The journal of political economy (1976): 1161-1176. p. 1161
“The problem is easy to state: developing countries borrow too much—or are lent too much—and in ways that force them to bear most or all of the risk of subsequent increases in interest rates, fluctuations in the exchange rate, or decreases in income. Given this, it is not surprising that they often cannot repay what is owed.”
§8
Making globalization work (2006)
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Joseph E. Stiglitz 39
American economist and professor, born 1943. 1943Related quotes

As quoted in The Sunday Herald http://web.archive.org/web/20071112125539/http://www.sundayherald.com/news/heraldnews/display.var.1824217.0.norman_mailer_1923_2007.php [Scotland] (11 November 2007)

Source: Income Distribution (1975), p. 35; Cited in: Acemoglu (2000, p. 16)

Speech to the Federation of Conservative Students in Manchester (6 October 1981), quoted in The Times (7 October 1981), p. 6.
Post-Prime Ministerial

Quote, Professor P.C. Mahalanobis and the Development of Population Statistics in lndia

"A Mathematical Theory of Saving", The Economic Journal, Vol. 38, No. 152 (Dec., 1928)

Hans Merensky, 15 April 1938 at the opening of the Merensky Library, University of Pretoria https://www.up.ac.za/dspace/handle/2263/6526

1962, Address and Question and Answer Period at the Economic Club of New York (549)