Brady Plan debt restructuring

URI: https://gptkb.org/entity/Brady_Plan_debt_restructuring
GPTKB entity
Statements (36)
Predicate Object
gptkbp:instanceOf debt restructuring program
gptkbp:appliesTo developing countries
sovereign debt
gptkbp:category gptkb:United_States_economic_policy
International finance
Debt management
Economic history of the 1980s
gptkbp:component debt reduction
collateralization of new bonds
debt buybacks
debt service reduction
https://www.w3.org/2000/01/rdf-schema#label Brady Plan debt restructuring
gptkbp:implementedIn gptkb:United_States_Treasury
gptkbp:instrument gptkb:Brady_bonds
gptkbp:introducedIn 1989
gptkbp:namedAfter gptkb:Nicholas_Brady
gptkbp:notableCountry gptkb:Argentina
gptkb:Brazil
gptkb:Mexico
gptkb:Nigeria
gptkb:Philippines
gptkbp:objective restore access to international capital markets
reduce commercial bank debt of developing countries
gptkbp:precededBy gptkb:Baker_Plan
gptkbp:relatedTo gptkb:Latin_American_debt_crisis
sovereign default
commercial bank loans
gptkbp:resultedIn increased foreign investment
improved credit ratings for participating countries
issuance of Brady bonds
gptkbp:supportedBy gptkb:International_Monetary_Fund
gptkb:World_Bank
gptkb:London_Club
gptkb:Paris_Club
gptkbp:bfsParent gptkb:1982_economic_crisis
gptkbp:bfsLayer 7