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Wednesday, December 13, 2017
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Foreign Debt on the Threshold of the 21st Century: Argentina, Brazil and Uruguay
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Foreign Debt on the Threshold of the 21st Century: Argentina, Brazil and Uruguay

25 pages · 4.25 EUR
(November 2007)

 
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Carolina Villalba und Paola Visca highlight the lasting consequences of debt and broader financial crises in Argentina, Brazil and Uruguay. While growth has recovered in these countries, the “progressive” governments still need to face up to the legacy of the past in the form of high debt service and a dire social situation. In two of these states, Argentina and Uruguay, an advanced degree of semi-dollarization was an aggravating factor for the financial crisis.


quotable essay from ...
Dollarization, Euroization and Financial Instability
Joachim Becker, Rudy Weissenbacher (eds.):
Dollarization, Euroization and Financial Instability
the authors
Carolina Villalba

is an economist and works as an analyst at D3E (Desarrollo, Economía, Ecología y Equidad – América Latina) in Montevideo (Uruguay).

Paola Visca

is an economic analyst at Claes (Centro latinoamericano de ecolgía social)/D3E (Desarrollo, Economía, Ecología y Equidad – América Latina) in Montevideo (Uruguay).