1982: the debt crisis that could have destroyed Western banking

Science Po professor Jérôme Sgard discusses his new book on the debt crisis of the 1980s on this episode of The Sound of Economics, with host Rebecca Christie and award-winning book author and journalist Paul Blustein. They explore the shockwaves that hit developing countries during this period, starting with the quasi-default of Mexico in 1982, as well as the Brady bond debt relief plan that followed. This podcast addresses the global impact of this this crisis and the subsequent recovery, along with what we can learn going forward.