Os bancos credores e a divida brasileira

In: Brazilian journal of political economy: Revista de economia política, Band 11, Heft 2, S. 139-151

Abstract

This paper deals with the international banks' adjustment process to the external debt of the less developed countries. It starts with an overview of the American banks' financial situation during the eighties and concludes that, after Brazil's default in 1987, banks are willing to strengthen their capital structure, but still have risks to face