The great latin america debt crisis : a decade of asymmetric adjustment
By: DEVLIN, Rbert
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Contributor(s): FFRENCH-DAVIS, Ricardo.
Material type: 
ArticlePublisher: São Paulo : Nobel, jul./set. 1995Revista de Economia Política = Brazilian Journal of Political Economy 15, 3, p. 117-142Abstract: Latin America has entered a new phase of abundance of capital inflows, bearing some resemblance to the episode of 70s. In this paper a review is made of the origins of indebtedment in the 70s, of the emergence of the crisis in the early 80s, 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
Latin America has entered a new phase of abundance of capital inflows, bearing some resemblance to the episode of 70s. In this paper a review is made of the origins of indebtedment in the 70s, of the emergence of the crisis in the early 80s, 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
Revista de Economia Política1995
v. 15, n. 3(59)
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