El Problema de la Deuda y Desarrollo Económico en América Latina

• Robert Devlin ^[1]
  1. [1] CEPAL, Comisión Económica para América Latina y el Caribe
• Localización: Revista de análisis económico, ISSN-e 0718-8870, ISSN 0716-5927, Vol. 4, Nº 1, 1989, págs. 39-50
• Idioma: español
• Enlaces
  • Texto completo
• Resumen

  • The outward transfer of resources from Latin American hinders growth and economic restructuring when aggravating the foreign exchange constraint and the savings/fiscal constraint in this region. In the absence of svstematic payment guarentees, debt reduction schemes through market optionk promise to reduce the transfer burden only gradually. On the other hand, a more ambitious public policy initiative that recognizes the collective nature of the debt problem, will surely allow a more significant and orderly reduction of it. If will also be socially efficient and it will extend to more countries.