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Creditor banks and Brazilian debt

Author

Listed:
  • Gilton Carneiro dos Santos

Abstract

This paper deals with the international bank’s adjustment process to theexternal debt of the less developed countries. It starts with an overview of the Americanbanks’ financial situation during the eighties. It concludes that, after Brazil’s default in 1987,banks are willing to strengthen their capital structure, but they still have risks to face. JEL Classification: G21; H63

Suggested Citation

  • Gilton Carneiro dos Santos, 1991. "Creditor banks and Brazilian debt," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(2), pages 300-313.
  • Handle: RePEc:ekm:repojs:v:11:y:1991:i:2:p:300-313:id:1466
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1466/1452
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    More about this item

    Keywords

    Credit risk; foreign debt; debt crisis;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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