Economic growth and foreign debt negotiation

Fernando de Holanda Barbosa () and Manuel Sánchez de La Cal ()

Brazilian Journal of Political Economy, 1992, vol. 12, issue 1, 17-41

Abstract: The objective of this paper is to analyze the negotiation of Brazil’s foreign debtwithin a strategy of economic growth. It draws a general profile of the main characteristicsof Brazilian indebtedness, emphasizing the gross errors of economic policy made during theperiod 1974/89. The paper presents a fairly simple model of foreign-debt dynamics and describesthe framework of debt-negotiation program aims at fighting inflation and restoringeconomic growth. JEL Classification: F30; F34.

Keywords: Growth; foreign debt; negotiation (search for similar items in EconPapers)
Date: 1992
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