Abstract
This paper comments critically on the present Latin American debt strategy from the perspective of the internal and external adjustments implied. It then focuses on the inadequacy of foreign capital inflows as a prime constraint on development. A new financing facility, with less rigid conditionality, is proposed, while at the same time recognizing the additional complementary demands on domestic performance.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
