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Author:Salmon, F.
Title:Latin America's new burden of high expectations
Journal:Euromoney
2000 : SEP, 377, p. 246-251
Index terms:LATIN AMERICA
WORLD BANK
ELECTIONS
Language:eng
Abstract:As delegate file into this year's World Bank/IMF meetings in Prague, the modd with regard to Latin America will be much more positive than in previous years. In 1998 Brazil was about to devalue, and panic was in the air. In September 1999, Ecuador became the first country ever to default on its Brady bonds, right in the middle of the annual meetings. Come 2000, and Ecuador has successfully restructured its debt, Mexico has had its first ever truly democratic election and the Brazilian success story continues.
SCIMA record nr: 222417
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