Dívida brasileira: réquiem para a política de muddling through

Abstract

This paper investigates the outlook of Brazilian debt after a five )ear Period of muddling through. After presenting a brief discussion of Brazilian debt history and a review of the period 1982 87, the Paper uses the debt dynamics model to analyse alternative scenarios and concludes by stating policy options more consonant, titan the current strategy, with the long term interests of Brazil and her creditors.