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Cohen, Daniel, "The Management Of The Developing Countries' Debt: Guidelines And Application To Brazil" The World Bank Economic Review, Vol 2, No 1, January 1988, O. M. Fakiyesi

Economic and Financial Review

In this paper, the author articulates some basic principles which may be useful in formulating an effective debt management strategy for developing countries, using Brazil as a case study. He outlines the principles into four broad categories viz: Stretching out the Repayment of the Debt; Monitoring the levels of Exports and GDP; Ignoring the Creditors' Capital loss and Watching the Domestic Deficit..