GAMBLING ON BRAZIL
Tema(s): En: Financial Times 16 nov. 1998, p. 17Resumen: The US administration and the International Monetary Fund have placed a,huge bet on Brazil and, above all, on its ability to regain the confidence of domestic and foreign investors. Only then will interest rates fall to levels consistent with renewed growth. Policy-makers are, in effect, playing a confidence game against markets. Of the US41bn in international support over the next three years, roughly US37bn is available, if needed, in the next 12 months. Of this the IMF is providing some US18bn: US9bn is to come from the World Bank and Inter-American Development Bank; and US14.5bn is from 20 countries, with the US contribution set at US5bn.| Tipo de ítem | Biblioteca actual | Signatura | Info Vol | Estado | Fecha de vencimiento | Código de barras | |
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Analítica de Seriada
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BIBLIOTECA ECONÓMICA BCE - QUITO | RESUM-017282 (Navegar estantería(Abre debajo)) | Financial Times. 16 nov. 1998, p. 17 | Disponible |
The US administration and the International Monetary Fund have placed a,huge bet on Brazil and, above all, on its ability to regain the confidence of domestic and foreign investors. Only then will interest rates fall to levels consistent with renewed growth. Policy-makers are, in effect, playing a confidence game against markets. Of the US41bn in international support over the next three years, roughly US37bn is available, if needed, in the next 12 months. Of this the IMF is providing some US18bn: US9bn is to come from the World Bank and Inter-American Development Bank; and US14.5bn is from 20 countries, with the US contribution set at US5bn.
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