Hidden Bibliographic Details
| ISBN: | 9781400860531
1400860539
0691634270
9780691634272
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| Notes: | Cover; Contents.
Print version record.
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| 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 downsi.
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| Other form: | Print version: Devlin, Robert. Debt and Crisis in Latin America : The Supply Side of the Story. Princeton : Princeton University Press, ©2014
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