Themabericht
The Tequila crisis in 1994 (Engelstalig)
In this report we will focus on the crisis of 1994 in Mexico, where a strong devaluation of the peso led to both a currency and banking crisis, while a sovereign crisis was just prevented.
Themabericht
In this report we will focus on the crisis of 1994 in Mexico, where a strong devaluation of the peso led to both a currency and banking crisis, while a sovereign crisis was just prevented.
Themabericht
In August 1982, Mexico was the first of many Latin American countries to default on its sovereign debt. This report covers the main characteristics of the Mexican debt crisis as well as its main causes and triggers.
Themabericht
Russia’s fixed exchange rate regime together with its fragile fiscal position appeared to be unsustainable in the course of 1998. By then an outbreak of a severe banking, currency and sovereign debt crisis could not be prevented.
Themabericht
Turkey experienced a severe banking crisis during 2000 and 2001. The crisis had a major impact on banking supervision and regulation, as both were extensively strengthened.