CEPAL Review No. 44, August 1991
  • E-ISSN: 16840348


A necessary condilion in order for Latin America to attain acceptable economic growth is the reduction of the negative resource transfer abroad. In addition to the reduction of the existing external debt burden, a substantial volume of fresh external financing is needed, but commercial bank loans will continue to be limited and official lenders can hardly satisfy all the region’s needs.

Related Subject(s): Economic and Social Development

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