|
gptkbp:instanceOf
|
economic crisis
|
|
gptkbp:affectedArea
|
gptkb:Africa
gptkb:Argentina
gptkb:Brazil
gptkb:Latin_America
gptkb:Mexico
gptkb:Nigeria
gptkb:Philippines
gptkb:Poland
gptkb:Eastern_Europe
|
|
gptkbp:alsoKnownAs
|
gptkb:Latin_American_debt_crisis
|
|
gptkbp:cause
|
oil price shocks
rising interest rates
excessive borrowing by developing countries
falling commodity prices
|
|
gptkbp:consequence
|
gptkb:structural_adjustment_programs
gptkb:lost_decade_for_Latin_America
economic stagnation
hyperinflation in some countries
|
|
gptkbp:endDate
|
late 1980s
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
1980s debt crisis
|
|
gptkbp:notableOrganization
|
gptkb:Barclays
gptkb:International_Monetary_Fund
gptkb:World_Bank
gptkb:Bank_of_America
gptkb:Credit_Suisse
gptkb:Deutsche_Bank
gptkb:Citibank
gptkb:Chase_Manhattan_Bank
gptkb:JPMorgan
gptkb:Banco_de_México
gptkb:Banco_do_Brasil
gptkb:US_Treasury
|
|
gptkbp:notablePerson
|
gptkb:Paul_Volcker
gptkb:Nicholas_Brady
gptkb:James_A._Baker_III
|
|
gptkbp:relatedEvent
|
gptkb:Washington_Consensus
gptkb:Lost_Decade
gptkb:Brady_Plan
|
|
gptkbp:response
|
gptkb:International_Monetary_Fund
gptkb:World_Bank
gptkb:US_Treasury
commercial banks
|
|
gptkbp:solvedBy
|
gptkb:Brady_Plan
debt restructuring
debt-for-equity swaps
|
|
gptkbp:startDate
|
1982
|
|
gptkbp:triggeredBy
|
Mexico declared inability to service debt in August 1982
|
|
gptkbp:bfsParent
|
gptkb:Baker_Plan_for_Latin_American_debt
|
|
gptkbp:bfsLayer
|
7
|