Debt and crisis in Latin America : the supply side of the story / Robert Devlin.

Format:

Book

Author/Creator:

Devlin, Robert, author.

Series:

Princeton Legacy Library

Princeton Legacy Library ; 1027

Language:

English

Subjects (All):

Loans, Foreign--Latin America.

Loans, Foreign.

Debts, External--Latin America.

Debts, External.

Latin America--Foreign economic relations.

Latin America.

Physical Description:

1 online resource (339 p.)

Edition:

Course Book

Place of Publication:

Princeton, New Jersey : Princeton University Press, [1989]

Language Note:

In English.

Summary:

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.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Contents:

Frontmatter

CONTENTS

LIST OF FIGURES

LIST OF TABLES

PREFACE

CHAPTER ONE. Introduction: The Crisis in Latin America

CHAPTER TWO. Growth and Transformation of International Banking: An Overview

CHAPTER THREE. International Banking: Its Structure and Performance during the 1970s

CHAPTER FOUR. The Expansive Phase of an LDC Credit Cycle

CHAPTER FIVE. The Crash and the Political Economy of Rescheduling

CHAPTER SIX. The Outward Transfer of Resources: What Can Be Done About It?

APPENDIX. The Methodology of the Case Studies on Bolivia and Peru

BIBLIOGRAPHY

INDEX

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 08. Jul 2019)

Description based on print version record.

ISBN:

9780691634272

0691634270

9781400860531

1400860539

OCLC:

884013100