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Icarus Film
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The Debt Crisis: An African Dilemma
Produced by the United Nations
A Video by Steve Whitehouse
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Focusing on Zambia's economy, devastated by the collapse of the copper market in the mid 70s, THE DEBT CRISIS: AN AFRICAN DILEMMA demonstrates the impact of African nations' economic crises.

Among the most urbanized of African countries, 75% of Zambia's public buses sit idle because the government cannot afford spare parts. Disagreements with the international banking community led Zambia to break off negotiations with the International Monetary Fund and the World Bank.

But Zambia is attempting to resolve its disputes with the banks and to restructure its economy to take advantage of such resources as agriculture and tourism. Although full recovery is still distant, THE DEBT CRISIS: AN AFRICAN DILEMMA presents one African nation's efforts to adapt to the ever changing global economy.

"Presents the realities of the debt crisis in dispassionate, measured terms, [offering] numerous concrete examples of the negative impact of the crisis." - Third World Resources

"Clearly, the government's job to bring Zambia out of this crisis will be a difficult one. Recommended." - Landers Film & Video Reviews

"In this award winning documentary, viewers will see the beauty of Zambia's world-renowned Victoria Falls, and the contrasting ugliness of the crowded conditions in its largest city. The producers of this fine video have spent extensive time interviewing a cross-section of Zambians who present a broad range of suggestions for ways to solve the problems inherent to everyday life in their country... [an] excellent offering." - Carolyn Greufe, Video Rating Guide for Libraries



"Recommended." - Landers Film and Video Reviews


Red Ribbon Winner, 1990 American Film and Video Festival
  

20 minutes / color
Copyright Date: 1988
Sale: $175

Subject areas:
Africa, Business, Economics, Zambia

Related Titles:
Our Friends at the Bank: Follows World Bank and International Monetary Fund decision-makers in Uganda, showing how top-level decisions are made in the field. (released April, 1998)

The Price of Aid: An investigation of America's food aid programs for famine-stricken nations, a multi-million dollar business, which asks both U.S. and African government officials whether such aid creates more problems than it solves.

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