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Brazil: another lost decade? : domestic policies and attractiveness for foreign capital

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International capital flows : recent developments, major determinants, and the position of Brazil in worldwide competition for foreign capital

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Brazil: Another lost decade? Domestic policies and attractiveness for foreign capital

Funke, Norbert; Nunnenkamp, Peter; Schweickert, Rainer - 1992

Formerly a favourite location for private capital inflows, Brazil was virtually cut off from further bank lending in the 1980s. The country's rating in secondary loan markets plummeted, and foreign direct investment dwindled. New external financing was replaced by an accumulation of interest...