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Cover image for book Politics And Economics Of External Debt Crisis

Politics And Economics Of External Debt Crisis

The Latin American Experience
By:Miguel S. Wionczek; Luciano Tomassini
Publisher:Taylor & Francis
Print ISBN:9780367299095
eText ISBN:9781000307429
Edition:1
Copyright:1985
Format:Reflowable

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Since 1981 Latin America has been in the midst of a protracted external debt crisis due, among other reasons, to emergency borrowing at record-high real interest rates and the decline in the region's export proceeds. Until now, most literature on the subject originated in industrial lender countries, whose primary concern is the impact of the debt