Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
Some of the best-known papers of Carlos F. DÃaz Alejandro were about Latin America’s crises in the 1980s and 1930s. I will show data,…
At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the…