Growth in Latin America in the 1980s was much slower than it had been in previous decades and real resource transfer has been negative since 1983. What are the chances that this situation will change in the nineties? Where can the necessary development finance come from? Can bottlenecks be avoided?

Since the beginning of the 1990s almost all Latin American countries have begun to change their strategies from protectionism to free trade. Historically, plans for regional economic integration have a long tradition on this continent, but attempts to bring them to fruition have failed time and...

Resource transfer to Latin America and the Caribbean was negative throughout the eighties. Debt-forgiveness would benefit not only the debtor countries, however. Lending countries and institutions would also stand to gain.