The Great Latin American Debt Crisis: Ten Years of Asymmetric Adjustment

Robert Devlin and Ricardo Ffrench-Davis

Chapter 3 in Poverty, Prosperity and the World Economy, 1995, pp 43-80 from Palgrave Macmillan

Abstract: Abstract In the 1980s, Latin America experienced the worst economic crisis since the world-wide depression of the 1930s. A common link running through this crisis was external indebtedness with the international private banking system.

Keywords: Interest Rate; Gross Domestic Product; Latin American Country; Debt Crisis; External Debt (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1007/978-1-349-13658-2_3

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