Accession Number:

ADA270035

Title:

Latin America: Views on the Enterprise for the Americas Initiative

Descriptive Note:

Congressional Testimony

Corporate Author:

GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV

Personal Author(s):

Report Date:

1991-02-27

Pagination or Media Count:

14.0

Abstract:

On June 27, 1990, President Bush announced a new three-pronged approach to stimulate sustained economic development in Latin America and the Caribbean. This approach--the Enterprise for the Americas Initiative--called for the United States to 1 expand two-way trade with Latin American and Caribbean countries, 2 reduce and restructure their official bilateral debt owed to the U.S. government, and 3 promote direct investment in the region. This Initiative complements Brady Plan efforts to restructure the commercial debt of highly indebted countries.

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE