The great Latin America debt crisis: a decade of asymmetric adjustment
ABSTRACT Latin America has entered a new phase of abundance of capital inflows, bearing some resemblance to the episode of 70’s. In this paper a review is made of the origins of indebtment in the 70’s, of the emergence of the crisis in the early 80’s, and of the management by creditors and debtors d...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Editora 34
2023-05-01
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| Series: | Brazilian Journal of Political Economy |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571995000300418&lng=en&tlng=en |
| _version_ | 1797821808989175808 |
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| author | ROBERT DEVLIN RICARDO FFRENCH-DAVIS |
| author_facet | ROBERT DEVLIN RICARDO FFRENCH-DAVIS |
| author_sort | ROBERT DEVLIN |
| collection | DOAJ |
| description | ABSTRACT Latin America has entered a new phase of abundance of capital inflows, bearing some resemblance to the episode of 70’s. In this paper a review is made of the origins of indebtment in the 70’s, of the emergence of the crisis in the early 80’s, and of the management by creditors and debtors during that decade. Some lessons are derived about the working of international financial markets and policy implications. |
| first_indexed | 2024-03-13T09:58:18Z |
| format | Article |
| id | doaj.art-0e799cb881c54ec1a3614c54bc44acbe |
| institution | Directory Open Access Journal |
| issn | 1809-4538 |
| language | English |
| last_indexed | 2024-03-13T09:58:18Z |
| publishDate | 2023-05-01 |
| publisher | Editora 34 |
| record_format | Article |
| series | Brazilian Journal of Political Economy |
| spelling | doaj.art-0e799cb881c54ec1a3614c54bc44acbe2023-05-23T07:36:26ZengEditora 34Brazilian Journal of Political Economy1809-45382023-05-0115341844510.1590/0101-31571995-0838The great Latin America debt crisis: a decade of asymmetric adjustmentROBERT DEVLINRICARDO FFRENCH-DAVISABSTRACT Latin America has entered a new phase of abundance of capital inflows, bearing some resemblance to the episode of 70’s. In this paper a review is made of the origins of indebtment in the 70’s, of the emergence of the crisis in the early 80’s, and of the management by creditors and debtors during that decade. Some lessons are derived about the working of international financial markets and policy implications.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571995000300418&lng=en&tlng=enCapital flowscurrency crisisstabilizationdebt crisis |
| spellingShingle | ROBERT DEVLIN RICARDO FFRENCH-DAVIS The great Latin America debt crisis: a decade of asymmetric adjustment Brazilian Journal of Political Economy Capital flows currency crisis stabilization debt crisis |
| title | The great Latin America debt crisis: a decade of asymmetric adjustment |
| title_full | The great Latin America debt crisis: a decade of asymmetric adjustment |
| title_fullStr | The great Latin America debt crisis: a decade of asymmetric adjustment |
| title_full_unstemmed | The great Latin America debt crisis: a decade of asymmetric adjustment |
| title_short | The great Latin America debt crisis: a decade of asymmetric adjustment |
| title_sort | great latin america debt crisis a decade of asymmetric adjustment |
| topic | Capital flows currency crisis stabilization debt crisis |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571995000300418&lng=en&tlng=en |
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