THE LATIN AMERICAN DEBT BURDEN : CONSEQUENCES FOR INTERNATIONAL ADJUSTMENT AND AGRICULTURAL TRADE

This paper attributes the origins of the Latin American external debt problem to the oil price and real interest rate increases and debtor country and international bank policies. Next, it briefly examines the implications of economic adjustments to service the debt. Finally, in order to facilitate research on the linkages between debt and agricultural trade, the paper suggests some factors to consider in modeling import behavior and international borrowing.


Issue Date:
1986-07
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/278399
Language:
English
Total Pages:
17




 Record created 2018-10-17, last modified 2020-10-28

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