Word: latinamerican
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Though professors concur on the agreement'sadvantages, they disagree on the precedent itestablishes for U.S. trade relations with LatinAmerican nations...
Fuentes emphasized the need for modern LatinAmerican nations to encourage "economic growthwith social justice and political democracy...
Hank Frothingham, Bank of Boston director forinternational capital markets and one of two IOPpanel respondents, disagreed, saying payment atsecondary rates is not a fair compromise.Frothingham instead said he backed tougher LatinAmerican debt servicing terms, drawing an analogyto Chapter 11 in America, which allows lenders toplace longterm claims on borrowers' assets whilethey reorganize their management under supervisionby authorities...
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