| Journal: | Revista de economia politica |
| Database: | CLASE |
| System number: | 000280416 |
| ISSN: | 0101-3157 |
| Authors: | Holland, Marcio1 |
| Institutions: | 1Fundacao Getulio Vargas, Escola de Economia, Sao Paulo. Brasil |
| Year: | 2007 |
| Season: | Ene-Mar |
| Volumen: | 27 |
| Number: | 1 |
| Pages: | 20-40 |
| Country: | Brasil |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico, descriptivo |
| English abstract | More than one decade after the external debt restructuring (the Brady Plan), a great amount of literature has been published concerning the balance sheet factors in developing countries. The staff of international multilateral institutions joined with reputable academics in this great controversy. The external debt problem of the developing countries is back and once more reflections on its cause and on policy recommendations are analytically distinct. Our main task is to reflect on the recent external debt dynamics and assess how this debt has evolved. Our findings indicate that the susceptibility of some developing countries to default is associated with global imbalance, that is, the way they borrow |
| Disciplines: | Economía |
| Keyword: | Balanza de pagos y deuda externa, Países en desarrollo, Deuda externa, Política económica |
| Full text: | Texto completo (Ver HTML) |
