The Debt Crisis: Lessons of the 1980s

John Williamson

Asian Development Review (ADR), 1991, vol. 09, issue 02, 1-13

Abstract: It is now over nine years since Mexico found itself unable to service its debt in August 1982, and was forced into declaring a moratorium that precipitated what quickly became known as the debt crisis. A vast literature has emerged since then on the causes of that crisis, on apportioning responsibility for its occurrence or persistence, and on prescribing remedies for ending it…

Date: 1991
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DOI: 10.1142/S0116110591000076

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