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The Antecedents and Aftermath of Financial Crises as Told by Carlos F. Díaz Alejandro

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Some of the best-known papers of Carlos F. Díaz Alejandro were about Latin America’s crises in the 1980s and 1930s. I will show data,…

From Financial Repression to External Distress: The Case of Venezuela

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The literature on external default has stressed the existence of the so-called debt-intolerance puzzle: developing nations tend to…