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1989 | OriginalPaper | Chapter

Brazilian Experience with External Debt and Prospects for Growth

Authors : Fernando Holanda de Barbosa, Manuel Sanchez de la Cal

Published in: Economic Development and World Debt

Publisher: Palgrave Macmillan UK

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The developing country’s negotiations of its external debt with creditor countries, and in particular with the international banking system, have been conducted within a context in which several devices have been utilised in order (i) to reschedule the cash flow of the debt service and (ii) to reduce the actual value of the debt. These negotiations have paid much more attention to the cash-flow problem than to the actual value of the debt.

Metadata
Title
Brazilian Experience with External Debt and Prospects for Growth
Authors
Fernando Holanda de Barbosa
Manuel Sanchez de la Cal
Copyright Year
1989
Publisher
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-20044-3_30