Creditor banks and Brazilian debt

Vol. 11 No. 2 (1991)

Apr-Jun / 1991
Published April 1, 1991
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Santos, Gilton Carneiro dos. 1991. “Creditor Banks and Brazilian Debt”. Brazilian Journal of Political Economy 11 (2):300-313. https://doi.org/10.1590/0101-31571991-0711.

Creditor banks and Brazilian debt

Gilton Carneiro dos Santos
Fundação Getúlio Vargas – FGV, São Paulo/SP, Brasil.
Brazilian Journal of Political Economy, Vol. 11 No. 2 (1991), Apr-Jun / 1991, Pages 300-313

Abstract

This paper deals with the international bank’s adjustment process to the
external debt of the less developed countries. It starts with an overview of the American
banks’ financial situation during the eighties. It concludes that, after Brazil’s default in 1987,
banks are willing to strengthen their capital structure, but they still have risks to face.

JEL Classification: G21; H63


Keywords: Credit risk foreign debt debt crisis