Covid is Just Like the _______ Crisis
In the current economic context, with many worried about the risk of widespread financial distress among emerging market sovereigns, scholars and policymakers often turn to the lessons of the Latin American debt crisis of the 1980s. But is that the right precedent? Do other historical episodes, such as the Great Depression, offer more insight? Maybe the current moment is unique? Economic historian Juan Flores Zendejas is an expert on financial crisis and sovereign debt and one of the most insightful thinkers about the uses of history in understanding financial markets and international economic relations. He joins us to discuss the economic consequences of the pandemic.
Producer: Leanna Doty
Clauses & Controversies