The $55 Billion Bank-Bailout Scandal

The $55 Billion Bank-Bailout Scandal

"It's nothing special," says the over-fed, weasely cartoon banker, explaining the enormous unpayable debt owed to the Mexican banks. "It's ...
TOO LITTLE, TOO LATE A Debt Balance Sheet

TOO LITTLE, TOO LATE A Debt Balance Sheet

I'm no financial wizard, Colombian novelist Gabriel Garcia Marquez told a journalist at the Havana debt confer- ence in August ...
LATIN AMERICA'S DEBT The Specter of a Debtors' Cartel

LATIN AMERICA’S DEBT The Specter of a Debtors’ Cartel

If 53 people died in the Dominican Republic, 53,000 people could die if the Mexicans remember that they are a ...
MEXICO Out of Balance

MEXICO Out of Balance

In August, 1982, in the midst of global recession, skyrocketing interest rates and declining commodity prices, the Mexican government of ...
THE OLD STRATEGY

THE OLD STRATEGY

THE DE LA MADRID-SALINAS REFORMS CAN BE seen as a response to problems created by the Mexican model of import-substitution ...
Back on the Agenda Ten Years After the Debt Crisis

Back on the Agenda Ten Years After the Debt Crisis

This summer, over 2000 activist, politicians and policymakers gathered in Caracas with the aim of reinserting the debt back in ...
ARGENTINE DEBT Playing by the Rules

ARGENTINE DEBT Playing by the Rules

U.S. banks got another last minute reprieve in June, when Argentina agreed to implement yet another IMF adjustment program. The ...