Politics And Economics Of External Debt Crisis

Miguel S. Wionczek is a senior fellow and the head of the long-term energy research program at El Colegio de Mexico. He is coeditor of Energy in the Transition from Rural Subsistence (with Gerald Foley and Ariane van Buren; Westview, 1982) and Mexico's Energy Resources: Toward a Policy of Diversification (with Ragaei El Mallakh; Westview, 1985). Luciano Tomassini is director of the Program for Joint Studies on Latin American International Relations (RIAL) in Santiago, Chile.

• Preface -- Introduction -- Global and Regional Issues -- External Debt of Developing Countries in Late 1983 -- The World Crisis and the Outlook for Latin America -- The International Scene and the Latin American External Debt -- External Debt Problems of Latin America -- Coping with the Creeping Crisis of Debt -- Latin American Debt: Act Two -- Capital Market Financing to Developing Countries -- The World Monetary System, the International Business Cycle, and the External Debt Crisis -- Case Studies -- Argentina's Foreign Debt: Its Origin and Consequences -- Rescheduling Brazil's Foreign Debt: Recent Developments and Prospects -- The Mexican External Debt: The Last Decade -- The Renegotiation of Venezuela's Foreign Debt During 1982 and 1983 -- The External Debt, Financial Liberalization, and Crisis in Chile -- Peru and Its Private Bankers: Scenes from an Unhappy Marriage -- The Role of External Debt Problems in Central America -- Where Do We Go from Here?