This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...

In this study the author briefly summarizes the difficulties faced by the developing countries concerning their foreign debt. He also discusses the factors which stand behind the ratios of indebtness most commonly used. Finally he presents a summary of the main proposals which have been advanced...