Baring crisis

The effects of the Recession of 1890 were particularly severe in Argentina. Without Bread or Work by Ernesto de la Cárcova.

The Baring crisis[1] or the Panic of 1890 was an acute recession. Although less serious than other panics of the era, it is the nineteenth century’s most famous sovereign debt crisis,[2] and the 17th largest decline in U.S. stock market history.[3]

  1. ^ the Baring crisis of 1890 : The New Palgrave Dictionary of Economics
  2. ^ Kris James Mitchener (September 2006). "The Baring Crisis and the Great Latin American Meltdown of the 1890s" (PDF). Santa Clara University and NBER. Retrieved 26 February 2012.
  3. ^ "What Prior Market Crashes Can Teach Us About Navigating the Current One". Morningstar, Inc. Retrieved 2020-05-14.

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