This paper outlines the relation of Japan, especially its private banking facilities, to the Latin American foreign debt problem. It provides relevant background information and examines the approach assumed by Japanese financial circles. Japan is regarded as having the largest financial reserves, but its presence in discussing fundamental debt relief measures has not been as significant as its total amount of credit might imply
In the 80s, Latin America experienced the worst economic crisis since the world-wide depression of the 30s. A common link running through this crisis was external indebtedness with the international private banking system. Since then, the region has entered a new phase of abundance of capital inflows, bearing some resemblance to the preceding episode of the 70s.In this paper a review is made of the origins of indebtedness, of the emergence of the crisis in the early 80s, and of the management by creditors and debtors during that decade. Some lessons are derived about the working of international financial markets and policy implications. (Rev Econ Polit/DÜI)
In Brazil, it is estimated that every year about 25-40 thousand workers are found in work situations similar to slavery, according to CPT numbers (2011) and OIT. One of the modalities of the current slavery more identified in state of Tocantins is servitude for debts, according to MPT (2011) is by the employer by the employee's with charges of undue debts. In Tocantins the CPT, CDHA and Reporter Brazil are institutions non-governmental most active in the fight against debt slavery. The development of research were performed readings authors of works: LOPES (2009), CPT (2011), SENADO (2011), OIT (2005), MARTINS (1999), (1986) e AMADO (1996). In the study conducted interviews with members and representatives of the CPT, CDHA, MTE and Reporter Brazil, in addition to collection of data that enabled the construction and analysis of graphics and frame, and finally, visited the tile fixing Moonlight Backwoods in Ananás (TO), a settlement formed with rescued from servitude workers. Therefore, it is concluded that these institutions a very important work in Tocantins, particularly for his performance in several areas as a complaint, inclusion project, database, preventive measures, etc.
