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八十年代国际私人放款的收缩,迫使拉美大多数国家实行严历的经济紧缩。在这暗淡的十年中,拉美三个最大的债务国阿根廷、巴西和墨西哥,采取了极为不同的调整路线。阿根廷和巴西政府在试图从独裁过渡到宪政的同时,试验了一系列方法,包括八十年代中的“非正统冲击”一揽子计划,和巴西1987~1988年期间延缓付息。与此相反,现任墨西哥总统德拉马德里(1982—1988)所采取的稳定和调整政策则是坚定地沿着正统路线发展的。墨西哥对国际债权人倾向于采
The contraction of international private lending in the 1980s forced most of Latin American countries to impose a strict economic tightening. In this gloomy decade, Argentina, Brazil and Mexico, the three largest Latin American debtor nations, have adopted very different adjustment routes. While attempting to make the transition from dictatorship to constitutionalism, Argentina and Brazil tried a series of methods, including the “unorthodox” package in the 1980s and the deferral of interest payments between 1987 and 1988 in Brazil. In contrast, the stabilization and adjustment policies adopted by the incumbent Mexican President De La Maderi (1982-1988) are firmly rooted in the orthodox line. Mexico tends to adopt international creditors