Concept information
Preferred term
Third World debt
Definition
- Since the fall of the Berlin wall in 1989, some consider the expression third world out-of-date. It was used in the past to describe countries that did not belong to the Soviet bloc or to the Western European and U.S. capitalist bloc. [Source: The Encyclopedia of Political Science; Third World Debt]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Third_World_debt
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