000 01590naa a2200205uu 4500
001 8011415380519
003 OSt
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008 080114s1999 bl ||||gr |0|| 0 eng d
100 1 _913342
_aPereira, Luiz Carlos Bresser
245 1 0 _aA turning point in the debt crisis :
_bBrazil, the US tresury and the World Bank
260 _aSão Paulo :
_bEditora 34,
_cabr./jun. 1999
520 3 _athat represented a turning point in the history of this world financial crisis. When the author assumed the Finance Ministry of Brazil, in April 1997, the country was in moratorium. The minister, after consulting international bankers, economists and state officials, prepared a proposal for solving the problem that was based in two key ideas: the securitization of the debt with a discount, and the relative delinkage between IMF and the commercial banks in the negotiations. In September 1997 the proposal received from the Secretary of the Treasury, James Baker, a public “non starter” answer, but, given the interest it immediately arose in the international financial community, eighteen months later the Brady Plan, that established the parameters for solving the debt crisis, had as core proposals these two ideas
590 _aRevista de Economia Política 1999
590 _av. 19, 2(74)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g19, 2 , p. 103
_dSão Paulo : Editora 34, abr./jun. 1999
_xISSN 01013157
_w
942 _cS
998 _a20080114
_b1538^b
_cMariana
998 _a20140327
_b1555^b
_cNelson
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25448
_d25448
041 _aeng