英文文献：Will the Latin American Countries ever Pay their Debt?
英文文献作者：Baffes, John,Chambers, Robert G.
英文文献摘要：
The 1980s have been characterized by major borrowing levels of the Latin American countries. A common question asked by the creditors is whether these countries will be able to pay their debt back. This paper gives an answer to this question by utilizing the theory of cointegration. The results show that some of the countries have indeed violated their borrowing limits and thus the probability of paying the debt becomes small.