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 debto

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 fro

Illustrated with historical analysis, case studies, and accessible economic concepts, this book explains what financial crises are, how they are caused and what