5 articles in this issue
Manuel Agosín, Ricardo French-Davis
This special volume of Estudios de Economía is devoted to issues of international finance in emerging economies. Finance was at the heart of the debt crisis of the 1980s It was also a leading force in the in the Tequila Crisis, and now it has played a cru... see more
John Eatwell
The widespread liberalization of international financial flows followed the end of the Bretton Woods system of fixed parities among the world’s major currencies. The trend toward openness has accelerated in the 1980’s and 1990’s and liberalization is now ... see more
Jeffrey Frankel
Some countries undergoing exchange-rate-based stabilization and financial liberalization in Latin America and elsewhere have faced large capital inflows since 1991. Many have tried to sterilize the reserve inflows. Calvo and coauthors argue essentially th... see more
John Williamson
The history of Latin America’s relations with the international capital market has not been a happy one. Debt crises have recurred with monotonous regularity ever since the 1820’s, about three years after the first loans were contracted by newly independe... see more
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