The Latin American debt crisis officially began in August 1982 with Mexico's announcement that it could no longer meet its interest payment obligations. External debt in Latin America had quadrupled from a 1975 level of $75 billion to more than $315 billion by 1983, which was about 50 ...
The policy debate over the Latin American debt crisis has shifted from the issue of short-term adjustment to that of long-term restructuring. The history of import substituting industrialization (IS) is reviewed in order to establish a context for the current restructuring debates. We argue that ...
Latin America has averted a debt crisis — so far. The Federal Reserve dollar-swap lines enjoyed by Mexico and Brazil have shielded them against troubles sparked by dollar shortages. IMF credit lines available to Chile, Colombia, Mexico and Peru have eased market pressure on the region. Central...
BISmacroprudentialfinancial fragilityLamfalussyThe Latin American debt crisis, which broke out in August 1982, was the first global financial crisis in the postwar period. While the crisis started in the &qudoi:10.2139/ssrn.2365792Clement, Piet...
Experts pointed out that due to the rising external uncertainties and the difficulty in eradicating internal structural problems in the short term, Latin America's economic growth is facing a lack of momentum. In particular, some Latin American countries are confronted with high debt risks, which ...
The evolving role of the World Bank : the Latin American debt crisis This is just one in a series of essays published in conjunction with the Bank's Fiftieth Anniversary. This series of essays is devoted to improving the und... S Edwards 被引量: 21发表: 1994年 加载更多来源...
On the other hand, South Korea had relatively strong debt repayment capabilities due to its industrial development. In other words, when we are analyzing the causes of the Latin American debt crisis, we have to say that the internal causes are also important, especially the development capacity ...
During the debt crisis of 1980s in Latin American countries, most of these countries have resorted to import restrictions due to serious shortages of foreign exchanges the pay for their imports. The study is an analysis of several Latin American countries using Panel date during the debt crisis ...
accurate information, bureaucracy, and cultural differences. Many of these issues stem from the fact that Latin America is still an emerging market and there areassociated issueswith national governance, social instability, and risk of fiscal crises such as theLatin American debt crisis of the 1980...
What's more, in response to Latin American countries' reasonable demands for help to tackle the pandemic, the United States chose to ignore them or even block their cooperation with countries outside the region, falsely alleging "debt traps" or "neocolonialism," politicizing a healthcare issue ...