The international scene and Latin America's external debt

Includes bibliography

Legal aspects of the Latin American public debt: relations with the commercial banks

Includes bibliography

Foreign policy and international financial negotiations: the external debt and the Cartagena Consensus

Includes bibliography

External debt: why don't our governments do the obvious?

Examina el proceso de la renegociacion de la deuda externa y la necesidad de instaurar una logica mas compatible con los intereses de los paises latinoamericanos. Expone como condicion necesaria para lograrlo, la capacidad de los liderazgos politicos para presentar a sus pueblos las verdaderas opciones, asi como los costos y riesgos de cada una de ellas.

External debt and crisis: the decline of the orthodox procedures

Includes bibliography

The external debt of the Latin American countries

También en: Comercio Exterior, México, DF, v. 36, No 5, p. 382, mayo 1986 (78609); y en: U.S. Congress. House. Committee on Banking, Finance and Urban Affairs: The costs of foreign debt for the United States and the Third World, Washington, DC

Alleviation of the debt burden: historical experience and present need

Includes bibliography

External debt and the reform of the international monetary system

Includes bibliography

Identifying financial crises in real time

Following the thermodynamic formulation of a multifractal measure that was shown to enable the detection of large fluctuations at an early stage, here we propose a new index which permits us to distinguish events like financial crises in real time. We calculate the partition function from which we can obtain thermodynamic quantities analogous to the free energy and specific heat. The index is defined as the normalized energy variation and it can be used to study the behavior of stochastic time series, such as financial market daily data. Famous financial market crashes-Black Thursday (1929), Black Monday (1987) and the subprime crisis (2008)-are identified with clear and robust results. The method is also applied to the market fluctuations of 2011. From these results it appears as if the apparent crisis of 2011 is of a different nature to the other three. We also show that the analysis has forecasting capabilities. © 2012 Elsevier B.V. All rights reserved.

Políticas de ajuste y renegociación de la deuda externa = Adjustment policies and renegotiation of the external debt

Incluye Bibliografía

Problema de la deuda: gestación, desarrollo, crisis y perspectiva = Problem of the external debt: gestation, development, crisis and prospects = Le probleme de la dette: gestation, evolution, crise et perspectives

Incluye Bibliografía