Jim Whitney

Economics 131

  International financial crises, then and now  

Country	Current account  surplus (+)  or deficit(-)		Government budget  surplus (+) or deficit(-): share of GDP	Inflation rate
	Billion $	Share of GDP
Latin American financial crisis: 1982
U.S.	-11.6	-0.4%	-3.6%	6.2%
Argentina
Brazil
Mexico
Mexican financial crisis, 1994
Mexico
Asian financial crisis: 1997
U.S. (1996)	-148.7	-2.2%	-1.5%	2.9%
Thailand (1996)
Malaysia (1995)
Indonesia (1996)
Korea (1996)
Japan (1996)
Asian "contagion" financial crisis: 1997-98
Brazil (1995)
Mexico (1996)
Russia (1996)