Document Type
Article
Abstract
Mexico, not entirely by its own actions, has experienced a devastating increase in foreign debt. The country's history and policy decisions, in conjunction with actions taken by the developed world, have allowed Mexico's debt to escalate. In response, various policies and plans to restructure the debt have been essayed. The Brady Plan, introduced by the United States in 1989, was designed to be an important part of the proposed restructuring process. The failure of this plan to be implemented successfully could affect the United States' banking community, the International Monetary Fund, the World Bank, and the fate of Mexico--as well as the rest of the developing countries experiencing financial difficulties.
Publication Date
1990
Journal Title
Draftings In
Volume
5
Issue
2
First Page
17
Last Page
25
Copyright
©1990 by the Board of Student Publications, University of Northern Iowa
Language
en
File Format
application/pdf
Recommended Citation
Armbrecht, Steven W.
(1990)
"The Brady Plan: An Attempt to Solve the Mexican Debt Crisis,"
Draftings In: Vol. 5:
No.
2, Article 5.
Available at:
https://scholarworks.uni.edu/draftings/vol5/iss2/5
Comments
This issue is also considered v.6 of the initial publication series of Major Themes in Economics.