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Another view of the Latin American crisis: domestic debt
- Source: CEPAL Review, Volume 1987, Issue 32, Nov 1987, p. 11 - 25
- Spanish
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- 03 Nov 1987
Abstract
Closely linked to the external financing difficulties of Latin America is the problem of domestic financing and debt, a problem less studied and understood but no less important. In many countries of the region this problem has helped to delay economic recovery and discourage the accumulation of capital, and sometimes the steps taken to solve it can work against the programmes and policies designed to cope with the problem of the region’s foreign debt.
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