A Century of Debt Crises in Latin America: From Independence to the Great Depression, 1820-1930

by Carlos Marichal

Book Overview

Carlos Marichal contends that the boom-and-bust cycles of Latin American foreign loans result mainly from the fluctuations of the world economy, rather than from errors made in Latin America itself. Marichal shows that the present debt crisis is only a part of an overall pattern in Latin American history--cycles of loan boom and subsequent debt crisis that are heavily influenced by fluctuations of international trade and capital flows. He also reveals...

• Format: Paperback
• Language: English
• ISBN: 0691022992
• ISBN13: 9780691022994
• Release Date: February 1989
• Publisher: Princeton University Press
• Length: 304 Pages
• Weight: 0.95 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"