Early 1980s recession
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The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. Long-term effects of the early 1980s recession contributed t
Margaret Thatcher
US GDP growth in the early 1980s. The short recession at the start of the decade and the following brief period of growth, as well as the deeper recession in 1981 and 1982, have led to the period being characterized as a W-shaped recession. Percent change from preceding period in real GDP (annualized; seasonally adjusted) Average GDP growth 1947–2009 Source: Bureau of Economic Analysis
President Reagan signing the Economic Recovery Tax Act of 1981 (ERTA) bill at Rancho del Cielo in 1981
Ronald Reagan
Latin American debt crisis
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The Latin American debt crisis was a financial crisis that originated in the early 1980s, often known as La Década Perdida, when Latin American countries reached a point where their foreign debt excee
Early 1980s recession
…that affected much of the world between approximately the start of 1980 and 1982. Long-term effects of the early 1980s recession contributed to the Latin American debt crisis, long-lasting slowdowns in the Caribbean and Sub-Saharan African countries, the US savings and loan crisis, and a general adoption of neoliberal economic…
Chilean pamphlet calling for protest including a cacerolazo in 1983