Coping with the Latin American debt
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Bibliographic Information
Coping with the Latin American debt
Praeger, 1988
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Proceedings of a conference held at the Hoover Institution, Stanford University, Sept. 17-19, 1987
Includes index
Description and Table of Contents
Description
Nearly half of the Third World debt, or about $400 million, is owed by Latin America. How this has come about and what it means for Latin America's future are the subjects of twelve essays by experts on the Latin American debt problem. Despite their widely varied backgrounds and interests, the contributors aim toward a clearer understanding of the meaning of the debt problem and where it may be headed. A background sketch of the problem is provided, as is an account of attempts to cope with the protracted crisis. Detailed discussions follow of the largest debtors, including Mexico, Brazil, Argentina, and Chile. The situations of the small Central American and Caribbean states are also treated. Finally, the volume explores the question of whether sovereign lending is really good business for banks or a good solution for these countries.
Table of Contents
Introduction by Robert Wesson From Crisis to Problem: Latin American Debt, 1982-1987 by Albert Fishlow New Strategies for an Old Problem by Gary W. Wynia Rescheduling: A Banker's View by Charles J.L.T. Kovacs Mexico: Pressures for Restructuring by Susan Kaufman Purcell The Mexican Crisis: A Comment by Clark Reynolds Limitations of Mexican Debt-Based Growth by Robert E. Looney Debt and Trade: A Possible Link by Saul Trejo-Reyes Brazil and the Debt: Social Costs by Riordan Roett The Argentine Debt Crisis and the Consolidation of Democracy by Carlos H. Waisman Notes on the Argentine Debt Crisis by Carlos Alberto Carballo Venezuela, Central America, and the Caribbean by Gary W. Wynia Can the Mice Roar? Small Countries and the Debt Crisis by Howard J. Wiarda A Small Country's Debt: The Case of Costa Rica by Felix Delgado Quesada Chile and Debt-Equity Conversion by James M. Livingstone Peruvian Statement (excerpts) by Senator Carlos E. Melgar Castro's Debt Crusade by William Ratliff To Lend of Not to Lend by Alfred J. Watkins To Borrow or Not to Borrow by Robert Wesson Index
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