
Mexican Economy-Creative Financing to the Rescue
Last August, Mexico ran out of foreign exchange to service its huge external debt and pay for im- ports. The ...

The Devastation of Debt
Last year's devastating hurricane was the most recent in a series of tumultuous events that have rocked Nicaragua over the ...

Debt, Drugs and Democracy: An Interview with Noam Chomsky
Noam Chomsky was interviewed in his office by María Luisa Mendonça on March 12, 1999. María Luisa Mendonça: How do ...

The Failing of the International Financial Architecture
The extraordinary rise of global finance has been the single most outstanding economic development in the last quarter of this ...

Jamaica: Caving in to the IMF
The following article updates the May-June 1978 NACLA Report on Jamaica, "Caribbean Conflict: Jamaica and the U.S." In the most ...

Costa Rica: Resisting Austerity
"It is the International Monetary Fund which is governing us now," Oscar Arias, the secretary gen- eral of Costa Rica's ...

The Money Doctors: Foreign Advisers and Foreign Debts in Latin America
The Mexican peso crisis of December, 1994, pro- duced a series of rapid consultations between U.S. and International Monetary Fund ...

BRAZILIAN DEBT Eleventh Hour Ball-Out
"We were 76 traveling companions and only one did not renegotiate; that was us," declared Brazil's Planning Minister Ant6nio Delfim ...