External debt in Latin America: adjustment policies and renegotiation
- Colorado, Lynne Rienner Publishers, 1985.
- vii,125 p. tbls., ill.
The Economic Commissions for Latin America and the Caribbean (ECCLAC) analyzes the external debt challenges faced by Latin American countries, focusing on adjustments policies and debt renegotiation. Rising debt levels have led to fiscal austerity and structured reforms aimed at economic stabilization but often resulted in slowed growth and increased social inequality. ECLAC emphasizes the need for balanced renegotiation strategies that support sustainable development while addressing creditor demands the commission advocates for international cooperation, transparent negotiation, and innovative financial solutions to reduce debt burden and foster long-term economic resilience in the region.
General
0931477409
External Debt
Internal Borrowing
Balance of payments
02384-XI
The Economic Commissions for Latin America and the Caribbean (ECCLAC) analyzes the external debt challenges faced by Latin American countries, focusing on adjustments policies and debt renegotiation. Rising debt levels have led to fiscal austerity and structured reforms aimed at economic stabilization but often resulted in slowed growth and increased social inequality. ECLAC emphasizes the need for balanced renegotiation strategies that support sustainable development while addressing creditor demands the commission advocates for international cooperation, transparent negotiation, and innovative financial solutions to reduce debt burden and foster long-term economic resilience in the region.
General
0931477409
External Debt
Internal Borrowing
Balance of payments
02384-XI