Debt convertion: reality and alternatives

Vol. 8 No. 1 (1988)

Jan-Mar / 1988
Published January 1, 1988
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Serra, José. 1998. “Debt Convertion: Reality and Alternatives”. Brazilian Journal of Political Economy 8 (1):130-41. https://doi.org/10.1590/0101-31571988-0124.
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Debt convertion: reality and alternatives

José Serra
Professor de Economia da Universidade Estadual de Campinas, Campijnas, São Paulo/SP, Brasil.
Brazilian Journal of Political Economy, Vol. 8 No. 1 (1988), Jan-Mar / 1988, Pages 130-141

Abstract

This note discusses the possibility of converting external debt into investment.
For the author, this is already an ongoing phenomenon and should be guided by a policy
that issues how this should be done as an integral part of Brazil’s industrial policy.

JEL Classification: H63; F34.


Keywords: External debt capital flux debt crisis