The hesitating motivation to solve the debt crisis

Luiz Carlos Bresser-Pereira

Publicação prevista e depois suspensa no Yearbook of the Peace and Development Foundation, Global Trends. Bonn, 1990.

There is a consensus that it is necessary to offer a solution to the debt crisis. Indebted countries are unable to pay, and are addcitonally victim of a fiscal crisis. Yet, the necessary determination to do something is lacking. (This paper was written before the Brady Plan offered a solution).


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