Encyclopedia > L > Latin American debt crisis
Latin American debt crisis
The Latin American debt crisis refers to a period in the early 1980s (and for some countries starting in the 1970s), often known as the "lost decade", where countries in the region reached a point where their foreign debt exceeded their earning power and they were not able to repay it.
Information are taken from Wikipedia, the open encyclopedia, to which contribute many volunteers from around the whole world. Texts are available under the following conditions GNU Free Documentation License.
Encyklopedie (cz) Encyklopédia (sk) Enzyklopädie (de)