The third world debt crisis has been a prevalent issue in politics and
the globalization of the world for many years now, specifically since
around 1960. My concern is eliminating this debt. Speak in respects to
one case (eg. South-America or Sub-Saharan Africa) and answer: why it
will be better to cancel third world debt? Please include references
from reputable sources, scholars, encyclopedias or references with
educational merit. Thanks :)

http://www.globalissues.org/TradeRelated/Debt.asp

http://www.twnside.org.sg/econ_3.htm

http://www.globalissues.org/TradeRelated/Debt/Pressure.asp

http://www.globalissues.org/TradeRelated/Debt/Causes.asp

you can have all the stuff you need from this links, sorry but
according to the ga-rules we wont be able to do this kind of work for
you.As answersgoogle can only help or answer a question, whereas  you
need a home work or a specialised report about the subject including
several bases.Hope this will help you