Financial Discipline Versus Economic Development: Does the Baker Plan End Conflict?

Robert Devlin ()

Brazilian Journal of Political Economy, 1988, vol. 8, issue 2, 296-306

Abstract: Following the disclosure of James Baker’s plan of restructuring the externaldebt of selected countries, this note reviews the history of debt renegotiation between LatinAmerican countries and transnational banks. It also deals with how a stabilisation plancould be harmonic with economic growth. JEL Classification: F34: H63.

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