Fiscal crises are a central theme in the recent history of many emerging economies, as they are more vulnerable to budget distress than developed countries. From 1970 to 2015, emerging markets experienced more than twice as many fiscal crises as their wealthier counterparts (Gerling et al. 2017,...

Frontmatter -- Acknowledgments -- Contents -- Preface -- Chapter 1 An Introduction to the Economies of Latin America -- Chapter 2 A Brief Economic History -- Chapter 3 What is “Wrong”: The Usual List of Suspects -- Chapter 4 Argentina and Brazil -- Chapter 5 Chile, Colombia, Peru, and...