Brazil's state debt crisis: lessons learned

Authors

  • William Dillinger

Keywords:

sector público

Abstract

This note summarizes the chronology of the state debt crisis and the efforts by the Brazilian government to resolve it. It also describes the World Banks efforts to assist in this process through state level adjustment loans. It concludes with lessons. A technical appendix, detailing the loan conditionahty and disbursement mechanism used in the adjustment loans, is attached.

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Published

1998-12-31

How to Cite

Dillinger, W. (1998). Brazil’s state debt crisis: lessons learned. Económica, 44(3), p. 109–143. Retrieved from https://revistas.unlp.edu.ar/Economica/article/view/5465

Issue

Vol. 44 No. 3 (1998)

Section

Articles

License

The material published in the journal is distributed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) license. This license requires proper credit to be given, a link to the license to be provided, and changes to be indicated. It does not permit commercial use of the work, and if the work is remixed, transformed, or otherwise modified, distribution of such modification is not allowed.