Foreign debt and the economic crisis in Honduras (period 1970-1986)

Abstract

IN THIS PAPER, THE AUTHOR PRESENTS AN EXPLANATION OF THE BEHAVIOR OF THE EXTERNAL DEBT OF HONDURAS IN THE PERIOD 1970-1986, FIRST DESCRIBING THE BACKGROUND, CHARACTERISTICS AND CURRENT SYSTEM OF THE DEBT, LINKING IT TO THE STRUCTURAL AND CONJUNCTURAL VARIABLES OF EXTERNAL AND INTERNAL TYPE WITHIN THE GLOBAL FRAMEWORK OF THE CRISIS. IN THE SECOND PART, HE ELABORATES A GENERAL REFERENCE AND A MORE STATISTICAL ANALYSIS OF THE DEBT STRUCTURE.