Henry K. Sherrill
Lawyer, Veirano Advogados, Rio de Janeiro, Brazil

For developing countries burdened by foreign debt the level of strong currency reserves a technology acquisition or screening policy and the level of economic development all appear to contribute to difficulties (or ease) in recording contracts with the government for the purpose of remitting payments abroad. A country s inability to produce significant technology for the world market also means that it may be in an uncomfortable position in terms of balance of payments for this specific tradeable.