Financial Discipline Versus Economic Development: Does the Baker Plan End Conflict?

Vol. 8 No. 2 (1988)

Apr-Jun / 1988
Published April 1, 1988
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Devlin, Robert. 1998. “Financial Discipline Versus Economic Development: Does the Baker Plan End Conflict?”. Brazilian Journal of Political Economy 8 (2):296-306. https://doi.org/10.1590/0101-31571988-2118.
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Financial Discipline Versus Economic Development: Does the Baker Plan End Conflict?

Robert Devlin
Comissão Econômica para América Latina e Caribe – CEPAL, Washington, USA.
Brazilian Journal of Political Economy, Vol. 8 No. 2 (1988), Apr-Jun / 1988, Pages 296-306

Abstract

Following the disclosure of James Baker’s plan of restructuring the external
debt of selected countries, this note reviews the history of debt renegotiation between Latin
American countries and transnational banks. It also deals with how a stabilisation plan
could be harmonic with economic growth.

JEL Classification: F34: H63.


Keywords: external debt debt crisis