Historical context: the export of capital, 1815-1914
External financing during the interwar period and the Great Depression, 1919-39
Private market lending
Debt service disruptions
International relations and interwar external sovereign debts
External sovereign debt, syndicated bank loans, and sovereign debt and crises in developing countries, 1955-94
Flow of external capital to the developing world after World War II, 1955-73
From petrodollar recycling to debt recycling, syndicated bank loans, and sovereign crises, 1974-83
Debt service disruption and bank restructurings
Debt restructuring and international relations
Globalization, financial sector liberalization, and emerging market crises, 1990-2005
Globalization, financial sector liberalization, and the flow of capital to emerging markets [TK]
The emerging market crises and the mexican crisis, 1994-97
The East Asian crisis, 1997-2003
Korea and crisis resolution, 1997-2003
The Turkish crisis, 2001-05
The argentine crisis, 2001-04
The Great Recession and crises in the advanced economies
Crises in the advanced economies and the Japanese crisis as a precursor
U.S. crisis-causes of the crisis, 2007-12
Ad hoc interventions before the Lehman collapse
A systemic approach to crisis resolution after the Lehman collapse
The great recession-from financial to economic crisis
The eurozone crisis, 2008-15
The eurozone crisis-from banking crises, to sovereign crises, to bailouts
Conclusion-are we prepared for the next one?
Appendixes
A. A comparative overview of debt-crisis regimes : from the great depressions through the great
Recession
B. C ommercial bank debt restructurings with sovereign debtors, 1980-89
Notes.