Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
Could external restraint and internal balance in Mexico have been reconciled.at levels of savings and investment that allowed satisfactory growth in output without the 1989-90 restructuring of debt? What are the likely implications of Mexico's "Brady deal" on economic growth? What are the macroeconomic effects of debt-equity swaps? This article develops and estimates a model to address these issues. The analysis concludes that the 1989-90 agreement in Mexico will contribute materially to macroeconomic stability and the restoration of economic growth. Copyright 1991 by Oxford University Press.