It may be one of the most familiar words in economics. Inflation has plunged countries into long periods of instability. Central bankers often aspire...
Latin American Debt Crisis of the 1980s
During the Latin American debt crisis of the 1980s—a period often referred to as the “lost decade”—many Latin American countries found...
asian financial crisis
On July 2, 1997, Thailand devalued its currency against the US dollar. This event, following months of speculative pressure that substantially...