Creditor banks and Brazilian debt

Gilton Carneiro dos Santos ()

Brazilian Journal of Political Economy, 1991, vol. 11, issue 2, 300-313

Abstract: This paper deals with the international bank’s adjustment process to theexternal debt of the less developed countries. It starts with an overview of the Americanbanks’ financial situation during the eighties. It concludes that, after Brazil’s default in 1987,banks are willing to strengthen their capital structure, but they still have risks to face. JEL Classification: G21; H63

Keywords: Credit risk; foreign debt; debt crisis (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:11:y:1991:i:2:p:300-313:id:1466

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