TITLE

DEMOCRACY AND DEBT IN SOUTH AMERICA: A CONTINENT'S DILEMMA

AUTHOR(S)
Roett, Riordan
PUB. DATE
January 1984
SOURCE
Foreign Affairs;1984 Special Issue, Vol. 62 Issue 3, p695
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article examines democracy and the growing foreign debt burden of South America. The quality of life has deteriorated dramatically in most of the countries of South America, largely as a result of stabilization programs and austerity measures implemented in 1983. The author argues that the Reagan Administration should seriously consider a joint effort by the United States and its West European and Japanese allies to actively encourage exports from South America as the best means of earning the foreign exchange required to meet interest payments on the debt. Whatever the action taken, the Administration must see U.S. relations with the countries of South America in the broadest context.
ACCESSION #
17583505

 

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