The East European debt crisis in the Latin American mirror

Albert Fishlow ()

International Organization, 1986, vol. 40, issue 2, 567-575

Abstract: In these brief remarks addressed to the Latin American response to changing international conditions in the 1970s and 1980s, I shall focus on three issues: the relationship between the choice of debt as a policy instrument and state “structure,” at least as loosely denned; the special problems posed by the debt option that most Latin American countries pursue; and the characteristics of enforced domestic adjustment to the absence of capital inflows beginning in 1982.

Date: 1986
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