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Baring Crisis Impact on Latin America by Ama Lia C Leites is a document available to read on EtoBox.
The document discusses the Baring Crisis of 1890, which originated in Argentina and spread to impact other Latin American countries. Using a new database of weekly sovereign debt prices, the authors analyze the effects of the crisis. They find: 1) Sovereign bond prices for Latin American countries declined significantly in the years following the crisis, while prices for non-Latin emerging markets and core countries were generally flat. 2) Yield spreads for Latin American countries increased substantiall
- Author
- Ama Lia C Leites
- Language
- EN