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Latin America’s return to the private international capital market
- Source: CEPAL Review, Volume 1991, Issue 44, Nov 1991, p. 59 - 78
- Spanish
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- 08 Nov 1991
Abstract
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.
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