Brazil's post-IMF international financial negotiations
This paper analyses the Brazilian external debt negotiations that followed the internationalfinancial system disruption that precipitated the Mexican moratorium. The emphasisis on Brazil-lMF agreements. We divide the negotiations in two rounds, according tothe external financial needs for 1983 and 1...
| Autores: | , |
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| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 1984 |
| País: | Brasil |
| Recursos: | EDITORA 34 |
| Repositorio: | Revista de Economia Política |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs2.centrodeeconomiapolitica.org:article/1894 |
| Acesso em linha: | https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1894 |
| Access Level: | acceso abierto |
| Palavra-chave: | IMF external debt balance of payments economic growth FMI dívida externa balança de pagamentos crescimento econômico |
| Resumo: | This paper analyses the Brazilian external debt negotiations that followed the internationalfinancial system disruption that precipitated the Mexican moratorium. The emphasisis on Brazil-lMF agreements. We divide the negotiations in two rounds, according tothe external financial needs for 1983 and 1984, respectively. Our main conclusion indicatesthat there will be no economic growth prospects for some years ahead if the present negotiationmodel is maintained. New conditions, such as longer terms and lower rates of interest,are basic requirements for solving the Brazilian Balance of Payments problem. JEL Classification: F34; H63. |
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