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Mexico Crude oil prices from 1861 to 2011. The Latin American debt crisis (Spanish: Crisis de la deuda latinoamericana; Portuguese: Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as La Década Perdida (The Lost Decade), when Latin American countries reached a point where their foreign debt ...
Argentina inflation 1980–1993 Mexico inflation rate 1970–2022 Brazil Inflation 1981–1995 "La Década Perdida" in Spanish or "A Década Perdida" in Portuguese ("The Lost Decade") of Latin America is a term used to describe the economic crisis suffered in Latin America during the 1980s, which continued for some countries into the 1990s. [1]
The Lost Decade or the Crisis of the 80s (Spanish: La crisis de los 80) was a period of economic stagnation in Peru throughout the 1980s which was exacerbated to a severe macroeconomic crisis by the end of the decade. [1]
There are Latin American economic crises: Latin American debt crisis of the 1970s and 1980s; La Década Perdida - the Lost Decade for Mexico; Economic history of Mexico § 1982 crisis and recovery; Great Depression in Latin America - the effects of the Great Depression of the 1930s on Latin America; Venezuelan banking crisis of 1994
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [ 1 ] [ 2 ] [ 3 ] It is widely considered to have been the most severe recession since World War II until the 2007–2008 financial crisis .
Brady bonds were created in March 1989 to convert bank loans, mostly in Latin America, into a variety or "menu" of new bonds after many countries defaulted on their debt in the 1980s. At the time, the market for emerging markets' sovereign debt was small and illiquid , and the standardization of emerging-market debt facilitated risk-spreading ...
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Baring crisis [23] 1982: Latin American debt crisis [23] 1988–89: Latin American debt crisis [23] 2001: Following years of instability, the Argentine economic crisis (1999–2002) came to a head, and a new government announced it could not meet its public debt obligations. [23] 2005–16: Argentine debt restructuring. 2014 [24] [25] 2020 [26 ...