Public external debt bargaining

This short policy brief results from a detailed analysis of the Argentinean case on external public debt during the last decade, with special attention on the huge 2005 swap. It is quite known for the Latin American experience that external debt has been a subordination mechanism, especially since t...

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Detalles Bibliográficos
Autor principal: Cantamutto, Francisco J. - Autor/a
Formato: Text draft Doc. de trabajo / Informes
Lenguaje:Eng
Publicado: CLACSO 2015
Materias:
Deuda externa
Economía
Política económica
Acceso en línea:http://biblioteca.clacso.edu.ar/gsdl/collect/clacso/index/assoc/D10536.dir/OPsursur-Cantamutto.pdf
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-D10536
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Eng
topic Deuda externa
Economía
Política económica
spellingShingle Deuda externa
Economía
Política económica
Cantamutto, Francisco J. - Autor/a
Public external debt bargaining
topic_facet Deuda externa
Economía
Política económica
description This short policy brief results from a detailed analysis of the Argentinean case on external public debt during the last decade, with special attention on the huge 2005 swap. It is quite known for the Latin American experience that external debt has been a subordination mechanism, especially since the rise of the neoliberal stage. The systematic increase in debt services can make countries to become illiquid from time to time, forcing to go into default and renegotiate. This cycle of debt can boost economic activity when funds are coming, but produces severe crisis when they are no longer available. For Argentina, the economy opening process got its apotheosis during the Convertibilidad regime (1991-2001), which stated external debt payments as the main aim of public finance. This ended badly, with a default declaration on the hot December 2001
format Text
draft
Doc. de trabajo / Informes
author Cantamutto, Francisco J. - Autor/a
author_facet Cantamutto, Francisco J. - Autor/a
author_sort Cantamutto, Francisco J. - Autor/a
title Public external debt bargaining
title_short Public external debt bargaining
title_full Public external debt bargaining
title_fullStr Public external debt bargaining
title_full_unstemmed Public external debt bargaining
title_sort public external debt bargaining
publisher CLACSO
publishDate 2015
url http://biblioteca.clacso.edu.ar/gsdl/collect/clacso/index/assoc/D10536.dir/OPsursur-Cantamutto.pdf
work_keys_str_mv AT cantamuttofranciscojautora publicexternaldebtbargaining
bdutipo_str Repositorios
_version_ 1764820427916443649

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