IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Le Mexique et le plan Brady: le surendettement n'est pas une fatalité

  • Vincent Destival
Registered author(s):

    [fre] Le plan Brady a constitué un tournant dans l'approche des problèmes d'endettement des pays en développement en reconnaissant la nécessité d'une réduction du volume de l'endettement. Premier à bénéficier de cette nouvelle stratégie, le Mexique constitue un test important pour sa généralisation dans d'autres pays. Au-delà de l'évaluation du bénéfice direct de l'accord conclu avec les banques qui donne lieu à une polémique fournie, il faut surtout essayer de mesurer les conséquences macro-économiques de la réduction de l'endettement. Ce sont alors tous les acquis du programme d'ajustement en œuvre depuis 1982 qui se trouvent mis en valeur et permettent d'envisager pour le Mexique, désormais, un chemin de croissance dans la stabilité. [eng] Brady's program is a totally new approach of debt problems for the developing countries. It recognizes the necessity of a reduction of debt amounts. Mexico is the first country to try this new strategy and represents a significant test before this program is put into practice in other countries. The evaluation of the direct profit issued from the agreement with the banks has raised important debates. But measuring the macro- economic consequences of the reduction of the debt seems to be the fundamental point. All the benefits of the adjustment program applied since 1982 will then appear and will make Mexico able to follow a growth path within stability.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://dx.doi.org/10.3406/rfeco.1990.1269
    Download Restriction: no

    File URL: http://www.persee.fr/articleAsPDF/rfeco_0769-0479_1990_num_5_4_1269/rfeco_0769-0479_1990_num_5_4_1269.pdf?mode=light
    Download Restriction: no

    Article provided by Programme National Persée in its journal Revue française d'économie.

    Volume (Year): 5 (1990)
    Issue (Month): 4 ()
    Pages: 191-207

    as
    in new window

    Handle: RePEc:prs:rfreco:rfeco_0769-0479_1990_num_5_4_1269
    Note: DOI:10.3406/rfeco.1990.1269
    Contact details of provider: Web page: http://www.persee.fr/web/revues/home/prescript/revue/rfeco

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:prs:rfreco:rfeco_0769-0479_1990_num_5_4_1269. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.