08353. FALLING OIL PRICES AND THIRD WORLD DEBT. Analyzes the effect of falling oil prices on both non-oil producing and oil-producing less developed countries. Considers major changes in the world oil market since 1973 and the mounting foreign debt among less-developed oil-producing countries. Brazil and Mexico are analyzed extensively. Suggested actions to be taken by multinationals and the World Bank are offered. 23 pages, 24 footnotes, 15 bibliographic sources.