Schuldenkrise usa wikipedia biography

  • What caused the latin american debt crisis
  • 1980s debt crisis latin america
  • Causes of the latin american debt crisis of the 1980s

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    Latin American debt crisis

    Financial crisis during the 1970s and 1980s

    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 exceeded their earning power, and they could not repay it.

    Origins

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    In the 1960s and 1970s, many Latin American countries, notably Brazil, Argentina, and Mexico, borrowed huge sums of money from international creditors for industrialization, especially infrastructure programs.[1][2] These countries had soaring economies at the time, so the creditors were happy to provide loans. Initially, developing countries typically garnered loans through public routes like the World Bank. After 1973, private banks had an influx of funds

  • schuldenkrise usa wikipedia biography

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    Euro area crisis

    Multi-year debt crisis in multiple EU countries since late 2009

    The euro area crisis, often also referred to as the eurozone crisis, European debt crisis, or European sovereign debt crisis, was a multi-year debt and financial crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozonemember states (namely Greece, Italy, Portugal, Ireland, and Cyprus) were unable to repay or refinance their government debt or to bail out fragile banks under their national supervision without the assistance of other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF).

    The euro area crisis was caused by a sudden stop of the flow of utländsk capital into countries that had substantial current account deficits and were dependent on foreign lending. The crisis was worsened bygd the inability of states to resort to devaluation (reductions in the value of the national currency) due to having

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    Collective bibliography

    "Collective bibliography". Shipbuilding and Ship Repair Workers around the World: Case Studies 1950-2010, edited by Raquel Cardeira Varela, Hugh Murphy and Marcel Van der Linden, Amsterdam: Amsterdam University Press, 2017, pp. 699-730. https://doi.org/10.1515/9789048530724-030

    (2017). Collective bibliography. In R. Varela, H. Murphy & M. Van der Linden (Ed.), Shipbuilding and Ship Repair Workers around the World: Case Studies 1950-2010 (pp. 699-730). Amsterdam: Amsterdam University Press. https://doi.org/10.1515/9789048530724-030

    2017. Collective bibliography. In: Varela, R., Murphy, H. and Van der Linden, M. ed. Shipbuilding and Ship Repair Workers around the World: Case Studies 1950-2010. Amsterdam: Amsterdam University Press, pp. 699-730. https://doi.org/10.1515/9789048530724-030

    "Collective bibliography" In Shipbuilding and Ship Repair Workers around the World: Case Studies 1950-2010 edited by Raquel Cardeira Varela, Hugh Murphy and Marcel Va