Economic Theory and Latin American Foreign Debt
Abstract
The debt crisis that swapped Latin America received keen attention from economists
of the most diverse schools. They are expected to reaffirm their differences but also
show some points of convergence. This paper aims to delineates these points by giving an
historical retrospect of both debt itself and the Latin American crisis.
JEL Classification: B21; B22; H63.
Keywords: External debt public debt history of economic thought