Latin American Debt in the 1990s Lessons from the Past and Forecasts for the Future

SCOTT B. MACDONALD is the International Economic Advisor at the Office of the Comptroller of the Currency in Washington, D.C. In this capacity, he monitors money laundering and monetary and macroeconomic developments in Europe, the Middle East, and Latin America. He is the author of Dancing on a Volcano: The Latin American Drug Trade (Praeger, 1988), Mountain High, White Avalanche: Cocaine and Power in the Andean States and Panama (Praeger, 1989), and The Politics of the Caribbean Basin Drug Trade (Praeger, 1991).

JANE HUGHES is Adjunct Professor of Economics at Brandeis University's Lemberg Program in International Economics and Finance. She also serves as a Senior Advisor to Political Risk Services, a division of IBA, USA, and consults with multinational corporations on international investment issues. Hughes is the author of a major study on sovereign risk, and has published and lectured widely on international financial management.

UWE BOTT is a Senior Analyst with Moody's Investors Service and a citizen of Germany. Mr. Bott held the position of Programming Officer with the Inter-American Development Bank, where he designed country programming papers, the Bank's medium-term investment for its Latin American borrowing countries. He has published a number of articles on the economic and social development of Latin America.