The latin american experience with the brady plan in the 1990s shows that orderly debt reduction in the right economic environment for growth can be the solution to growth recovery and renewed capital inflows .
The victories on the economic plan with its tax increases on high-income americans , the brady bill , and the assault weapons ban inflamed the republican base voters and increased their turnout .
They could sweeten the terms with guarantees , as the brady bonds did , and offer investors a share in any greek recovery with warrants related to the country 's future economic growth .
We forced ourselves to think only of ways to reduce leverage , not increase it , and the so-called brady plan brought about an actual reduction in debt and interest rates .