INTERNATIONAL DEBT PROBLEMS
A long-term solution to the international debt problem is achieved when debtor countries can return to the marketplace without assistance or negotiation with foreign governments and international agencies. The prospects of major debtors' returning are very different and are most likely for Brazil. Various proposals are discussed, including proposals to exchange bank loans at market value for equity. Secretary Baker s proposal, which is opposed by the Shadow Financial Regulatory Committee, is also discussed. Copyright 1987 Western Economic Association International.
Year of publication: |
1987
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Authors: | MELTZER, ALLAN H. |
Published in: |
Contemporary Economic Policy. - Western Economic Association International - WEAI, ISSN 1074-3529. - Vol. 5.1987, 1, p. 100-105
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Publisher: |
Western Economic Association International - WEAI |
Saved in:
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