Devlin Debt and Crisis in Latin America

The Supply Side of the Story
Course Book
ISBN: 978-1-4008-6053-1
Verlag: De Gruyter
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 340 Seiten

Reihe: Princeton Legacy Library

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 1990.

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Autoren/Hrsg.

Devlin, Robert

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets

Inhaltsverzeichnis

FrontMatter, pg. i
CONTENTS, pg. vii
LIST OF FIGURES, pg. ix
LIST OF TABLES, pg. xi
PREFACE, pg. xv
CHAPTER ONE. Introduction: The Crisis in Latin America, pg. 1
CHAPTER TWO. Growth and Transformation of International Banking: An Overview, pg. 8
CHAPTER THREE. International Banking: Its Structure and Performance during the 1970s, pg. 56
CHAPTER FOUR. The Expansive Phase of an LDC Credit Cycle, pg. 123
CHAPTER FIVE. The Crash and the Political Economy of Rescheduling, pg. 181
CHAPTER SIX. The Outward Transfer of Resources: What Can Be Done About It?, pg. 236
APPENDIX. The Methodology of the Case Studies on Bolivia and Peru, pg. 283
BIBLIOGRAPHY, pg. 287
INDEX, pg. 309