Between accommodation and confrontation: the dilemmas of renegotiating the Brazilian external debt, 1983-1987

Edmar L. Bacha ()

Brazilian Journal of Political Economy, 1988, vol. 8, issue 2, 223-241

Abstract: After a historical revision of the Brazilian foreign debt renegotiation proceduresfrom 1983 to 1987, this article discusses five controversial technical points: the spread’scalculus and restructuring method, internal re-lending of the restructured amortizations, foreigncourt’s jurisdiction, IMF monitorization, and debt equity conversion. JEL Classification: H63; F34.

Keywords: External debt; debt crisis (search for similar items in EconPapers)
Date: 1988
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