Economic growth and foreign debt negotiation
Abstract
The objective of this paper is to analyze the negotiation of Brazil’s foreign debt
within a strategy of economic growth. It draws a general profile of the main characteristics
of Brazilian indebtedness, emphasizing the gross errors of economic policy made during the
period 1974/89. The paper presents a fairly simple model of foreign-debt dynamics and describes
the framework of debt-negotiation program aims at fighting inflation and restoring
economic growth.
JEL Classification: F30; F34.
Keywords: Growth foreign debt negotiation