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The Pacific Alliance Path to Profits

The turmoil in emerging markets seems all too familiar. In the late 1990s Russia and several Asian countries suffered a series of interlinked crises that stemmed from high fiscal deficits, large current-account deficits, and dollar-denominated debt. In 1994 Mexico got into trouble after it built up unsustainable dollar debts, and during the 1980s several Latin […]

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