Debt and Crisis in Latin America : the Supply Side of the Story.

Examining the causes of the acute Latin American debt crisis that began in mid-1982, North American analysts have typically focused on deficiencies in the debtor countries' economic policies and on shocks from the world economy. Much less emphasis has been placed on the role of the region'...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Devlin, Robert
Định dạng: Licensed eBooks
Ngôn ngữ:Tiếng Anh
Được phát hành: Princeton : Princeton University Press 2014.
Loạt:Princeton legacy library.
Truy cập trực tuyến:https://www.jstor.org/stable/10.2307/j.ctt7zvnk1
Miêu tả
Tóm tắt:Examining the causes of the acute Latin American debt crisis that began in mid-1982, North American analysts have typically focused on deficiencies in the debtor countries' economic policies and on shocks from the world economy. Much less emphasis has been placed on the role of the region's principal creditors--private banks--in the development of the crisis. Robert Devlin rounds out the story of Latin America's debt problem by demonstrating that the banks were an endogenous source of instability in the region's debt cycle, as they overexpanded on the upside and overcontracted on the downsi.
Mô tả sách:Cover; Contents.
Mô tả vật lý:1 online resource (339 pages)
số ISBN:9781400860531
1400860539
0691634270
9780691634272