Latin American Debt, US Role in the Transmission of North-South Linkages, and World Trade

  • Clark W. Reynolds
Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)


This paper extends the boundaries of interdependence analysis beyond the basic North-South or North-North foci to a more global South-North-North perspective. In particular, it focuses on the implications of the Latin American debt crisis for the US economy and US economic policies, and how these in turn affect US affairs with Europe as well as its other OECD partners. Despite the limited direct economic interaction between Latin America and Europe, for example, it will be shown that events and policies in Latin America can have significant impacts on Europe through linkages with the US economy.


Monetary Policy Real Exchange Rate Real Interest Rate Commodity Price Trade Balance 
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Copyright information

© SIPI Srl, Rivista di Politica Economica 1992

Authors and Affiliations

  • Clark W. Reynolds
    • 1
  1. 1.Stanford UniversityUSA

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