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Origin and consequences of the debt crisis and ways of solving it

Jürgen Westphalen

Intereconomics – Review of European Economic Policy (1966 - 1988), 1984, vol. 19, issue 2, 71-77

Abstract: In the 1970s Latin America accounted for a high, and constantly increasing, proportion of the total public foreign debt of all developing countries, reaching a share of 35% by the end of the decade. In comparison, Latin America's share of the total GDP of the developing countries is around 20%. The following article explains the specific causes of the debt crisis in Latin America and suggests some ways of overcoming it.

Keywords: Latin; America (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139906

DOI: 10.1007/BF02928296

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