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Policy Rectifications and Recovery from the Debt Crisis, 1982–9

In: Economic Reforms in Chile

Author

Listed:
  • Ricardo Ffrench-Davis

Abstract

During the 1980s, most Latin American countries were facing a dramatic foreign debt crisis. The sharp deterioration in international markets recorded from 1981 affected the emerging developing nations with unusual severity; the drop in export prices and worsening access to the markets of industrialized countries, the rise in international interest rates, and the sharp reduction in capital inflows all contributed to the strongest negative external shocks in the past half century.

Suggested Citation

  • Ricardo Ffrench-Davis, 2010. "Policy Rectifications and Recovery from the Debt Crisis, 1982–9," Palgrave Macmillan Books, in: Economic Reforms in Chile, edition 0, chapter 0, pages 109-129, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28965-9_4
    DOI: 10.1057/9780230289659_4
    as

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