Latin America and the Caribbean are facing a serious debt crisis

Economy, Policies

Latin America and the Caribbean are facing a serious debt crisis

In the previous three parts we have observed the evolution of the DCs’ external debt over the last twenty years. The first part shows a dramatic increase of indebtedness, which multiplied by 2.5 with a steep acceleration from 2008 onward. The second part highlights the main threats on the DCs’ external debt, among which the growing significance of bonds, the evolution of interest rates and the depreciation of their currencies against the U.S. dollar. The third part examines the various factors that lure DCs into the debt trap: dependence on commodities, drop in foreign exchange reserves, inflating repayments, conjuncture of a multi-dimensional crisis aggravated by the COVID-19 pandemic, etc.

We deepen our analysis by focusing on various regions, starting with Latin America and the Caribbean.

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The Civil War in Nicaragua: Inside the Sandinistas

Civil War, Threats

The Civil War in Nicaragua: Inside the Sandinistas

During the 1980s, Americans ranging from Congressmen to political pilgrims tended to view and deal with Nicaragua’s Sandinistas and the Contra War according to their own personal and political agendas. The Civil War in Nicaragua Is unique among the dozens of books on these events, because it gives an inside view of what was going on, how and why policies were made by Nicaragua’s new clique of nine, and what Impact those policies had on Nicaragua, the United States, and beyond

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