Banking on the Brink

In the 1980s, Latin America experienced a severe debt crisis that shook the global financial system. The crisis was triggered by a combination of factors, including high interest rates, falling commodity prices, and political instability. As a result, many Latin American countries were unable to repay their debts, and the region plunged into a deep recession.

The Latin American debt crisis had a profound impact on the global economy. It led to a loss of confidence in the international banking system, and it made it more difficult for developing countries to borrow money. The crisis also raised questions about the role of the International Monetary Fund (IMF) and the World Bank in promoting economic development.

This book provides a comprehensive overview of the Latin American debt crisis, from its origins to its aftermath. It examines the causes of the crisis, the impact it had on the region, and the efforts that were made to resolve it. The book also discusses the lessons that can be learned from the crisis and the implications it has for the future of global finance.

The book is written in a clear and accessible style, making it suitable for a wide range of readers, including students, policymakers, and anyone interested in the history of the global financial system. It is a valuable resource for anyone who wants to understand one of the most significant financial crises of the 20th century.

The book draws on a wide range of sources, including official documents, academic studies, and journalistic accounts. It also includes interviews with key figures who were involved in the crisis, including former government officials, bankers, and economists.

This book is a major contribution to the literature on the Latin American debt crisis. It is a valuable resource for anyone who wants to understand this important event and its implications for the future of global finance.

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Publisher ‏: ‎ PageBook24.com (January 13, 2025)
Language : ‎ English
Dimensions ‏: ‎ 6 x 9 inches
Pages ‏: ‎ 171 pages

Pasquale De Marco stands as a prolific author whose literary prowess knows no bounds. With a passion for storytelling that transcends genres, he has made a name for himself as a versatile writer with the extraordinary ability to captivate readers across diverse literary landscapes. His journey as an author is marked by an insatiable curiosity, a love for the written word, and a relentless commitment to sharing knowledge and experiences with the world.

Pasquale De Marco collaborates with a dedicated team of ghostreaders who assist him in evaluating and editing the manuscripts. His collaborators are not only skilled professionals but also avid readers who purchase and read books as a personal hobby. This unique blend of creativity allows Pasquale to push the boundaries of traditional publishing, making literature more accessible and diverse.