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Origins of the Brazilian Foreign Debt Burden (Part 3)

LADB Article ID: 76895
Category/Department: Brazil
Date: 1987-03-24
By: Guest

In this three-part series, Brazilian journalist Paulo R. Schilling describes the historical development of his country's huge foreign debt burden, major beneficiaries and losers in the process of accumulating the largest foreign debt in the world, and the pros and cons of certain "solutions" to the debt crisis. The third part is a discussion of the inevitability of the Sarney administration's decision to temporarily suspend interest payments on its debts with foreign commercial banks

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