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

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 moni...

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Detalles Bibliográficos
Autor: Bacha, Edmar L.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1998
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1092
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1092
Access Level:acceso abierto
Palabra clave:Dívida externa
crise da dívida
External debt
debt crisis
Descripción
Sumario: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.