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
Chilean pamphlet calling for protest including a cacerolazo in 1983
International Monetary Fund
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The International Monetary Fund is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D.C. It consists of 191 member countries, and its
Latin American debt crisis
…The Lost Decade), when Latin American countries reached a point where their foreign debt exceeded their earning power and they could not repay it. The IMF's response to the crisis has been criticized for prolonging unsustainable borrowing and transferring private banking losses onto taxpayers, which deepened…
Headquarters in Washington, D.C.
Plaque Commemorating the Formation of the IMF in July 1944 at the Bretton Woods Conference
The Gold Room within the Mount Washington Hotel, where the Bretton Woods Conference attendees signed the agreements creating the IMF and World Bank
First page of the Articles of Agreement of the International Monetary Fund, 1 March 1946, Finnish Ministry of Foreign Affairs archives