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|a Arruda, Marcos.
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|a External debt :
|b Brazil and the international financial crisis /
|c Marcos Arruda ; translated by Peter Lenny.
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|a Sterling, Va. :
|b Pluto Press, in association with Christian Aid,
|c 2000.
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|a 1 online resource (xi, 173 pages)
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|a Includes bibliographical references (pages 159-163) and index.
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|a Print version record.
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|a Ch. 1. E(x)ternal Debt: Understanding Brazil's Debt Crisis -- What is External Debt? -- Is External Debt a Motherless Child? -- How Do You Pay External Debt? -- Who Do You Pay External Debt To? -- Who Pays External Debt? -- How did External Debt Begin? -- 'We did not Get into Debt, They Got Us into Debt!' -- 'We did not Develop, We Under-Developed!' -- Capital Takes All, Social Spending Gets the Crumbs -- A Good Budget Makes for Good Planning -- The FHC-IMF Agreement: And the Government Promised not to Govern with Packages ... -- Cancel Unpayable Debts -- Ch. 2. Trojan Horse: Brazil and the International Financial Crisis -- The Real's Three-Legged Prop Starts to Fall Apart -- Brazil and the IMF (International Misery and Famine) -- Are There Ways Out? -- Ch. 3. Neo-liberal Adjustment and Globalization: A Southern Perspective -- The Historical Roots of the Adjustment Project -- The International Monetary Fund (IMF) Recipe -- Adjusting to Competitive Globalization -- Economic and Social Impacts -- Opportunities and Challenges -- Ch. 4. For a Debt-Free Millennium -- The Burden of Unpayable and Unsustainable Debt -- The Movements -- Partial Successes: Official Relief -- Alternatives, from Society's Point of View -- Brazil Jubilee 2000 Campaign -- Proposals being Discussed -- App. 1. Debt Glossary -- App. 2. Alternative Debt Policies being Discussed by Jubilee 2000 -- Japan -- App. 3. The Jubilee South Summit in Johannesburg.
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|a Electronic reproduction.
|b [Place of publication not identified] :
|c HathiTrust Digital Library,
|d 2011.
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|a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
|u http://purl.oclc.org/DLF/benchrepro0212
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|b Brazil owes almost $250 billion to private banks, governments and multilateral agencies. External Debt provides a concise history of Brazil's financial crisis. Marcos Arruda focuses on the government of Fernando Henrique Cardoso and its agreement with the International Monetary Fund. He examines how Cardoso's economic policies have brought Brazil to financial ruin by submitting to the dictates of the IMF and the US government. Despite this, the author argues, Brazilians are neither passive nor resigned to Cardoso's policies. Arruda describes the viable alternatives which the government and opposition parties have both failed to realise, and examines a range of related key issues, such as the Jubilee 2000 Debt Campaign and its Brazilian dimension. Arruda explores the ways in which social movements in both hemispheres have developed a global network around the issue of over-indebtedness, and the extent to which their pressure on authorities has led to important policy changes on the part of creditor governments and multilateral institutions. The study concludes with an assessment of a range of proposals submitted by national and international forums, demonstrating that civil society around the world is mobilised towards equitable relations between North and South.
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|a International Monetary Fund
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|i Print version:
|a Arruda, Marcos.
|t External debt.
|d Sterling, Va. : Pluto Press, in association with Christian Aid, 2000
|w (DLC) 00008581
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