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Debt and Crisis in Latin America The Supply Side of the Story

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ISBN-10: 0691605297

ISBN-13: 9780691605296

Edition: 1990

Authors: Robert Devlin

List price: $58.00
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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 downside.Originally published in 1993.The Princeton Legacy Library uses the latest print-on-demand…    
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Book details

List price: $58.00
Copyright year: 1990
Publisher: Princeton University Press
Publication date: 7/14/2014
Binding: Paperback
Pages: 340
Size: 6.65" wide x 9.13" long x 0.91" tall
Weight: 0.990
Language: English