Bank loans make up the major portion of third world debt.
From 1976 to 1980 developing world debt rose at an average of 20% a year.
The report shows that third world debt grew 6.25 percent last year, to $1.190 trillion.
In the House, there is also resistance concerning third world debt.
Total third world debt was estimated to be $1.3 trillion in 1990.
Banks have time to work out problem loans - sometimes years, as in the case of third world debt.
It's not the war against third world debt, but still.
A 90% fall in the total value of stock markets due to world debt.
That's the going price in markets where third world debt is traded.
On third world debt, the industrial countries must help more.
