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Debt Conversion in Latin America: Panacea or Pandemic
Edité par
Overseas Development Council, Washington, DC, 1991
ISBN 10 : 1565170016
ISBN 13 : 9781565170018
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Vendeur : Ground Zero Books, Ltd., Silver Spring, MD, Etats-Unis
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Etat : good. First? Edition. First? Printing. 85, tables, notes, some wear to cover edges. Overseas Development Council Policy Essay No. 2. Debt conversion has been hailed as the salvation of Latin American debtors; conversely, it has also been labeled a deceptive and dangerous debt management tool. This essay suggests there is a wide scope for innovative design and management of conversion programs. Such policies continue to provide a promising debt management option for many Latin American debtor countries. Four countries' experiments with debt conversionare reviewed. The case of Chile illustrates the regulatory and financial issues surrounding debt conversion policy, the life cycle of a mature debt conversion program, and the trade-offs implicit in designing a program. Theexperiences of Argentina, Brazil, and Mexico illustrate the diverse roles that debt conversion can play in shaping debt negotiation and economic reform strategies. N° de réf. du vendeur 41949
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