CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

Foreign policy and international financial negotiations: The external debt and the Cartagena Consensus

The background, development and prospects of the concerted effort being made by the Latin American countries as expressed in the Cartagena Consensus and Mexico’s role in this effort are discussed in this article from a foreign policy perspective. It is neither a quantitative technical analysis of the debt problem nor a systematic review of the renegotiations of recent years and those currently in progress, Instead, an attempt is made to explore those elements of international economic performance, trade and finance which led the Latin American countries to meet at Cartagena. It goes on to analyse the basic content of the proposals made at that meeting and at Mar del Plata and Santo Domingo, to discuss how the other parties to the negotiations (governments of developed countries, international banking authorities and multilateral financial bodies) have reacted to these proposals, and, finally, to describe what the outlook for the overall Cartagena process appears to be as of mid-1985.

English Spanish

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