Buck Stops in Brazil, The
- 1982 ----- color ----- 30 min ----- vhs
- (Enterprise series) At the close of 1982 the worldwide debt approached a staggering $700 billion. Brazil, with loans totaling $87 billion, leads a list of developing and Eastern-bloc countries that owe governments and financial institutions so much money that payment of just the interest seems unlikely. Some economists believe the situation is desperate, that the world financial system is teetering on the brink of disaster. Other financial experts are not so pessimistic. In any case, Brazil's woes are closely tied to the worldwide economic situation; indeed, Brazil is a classic case study of how actions in one area of the world can greatly affect nations elsewhere.
- Topics: (Business Finance, Economics, International Business)
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