The 1987 Brazilian alternative proposal of foreign debt crisis restructuring

Luiz Carlos Bresser-Pereira y Nuria Cunill Grau, eds.

Apenas nesse site.


Second draft of Brazil's proposal of securitization of the foreign debt of the highly indebted countries, which was rejected by the Secretary of the Treasury, James Baker, in September 1987, but turned into the 1989 Bady Plan which solved the Foreign Debt Crisis.


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