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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

Renegotiation of Latin America’s debt: An analysis of the monopoly power of private banks

In 1982 Latin America began to encounter serious difficulties in servicing its external debt and by midyear most of the countries heavily in debt to the international private banks —their leading creditors— initiated negotiations to reprogramme payments.

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