Latin American Debt Defaults and Commodity-Price Shock Responses (1929–1935)

1. Wall Street crash triggers global trade contraction

   Oct 24, 1929Labels: Wall Street, Global Trade

   • Britannica
   • Fed History

2. Commodity prices plunge, straining dollar-and-gold debts

   Jan 1, 1930Labels: Commodity Prices, Dollar Debts

   • Foreign Affairs
   • Fed History

3. Bolivia suspends external debt payments

   Jan 1, 1931Labels: Bolivia, Sovereign Suspension

   • Foreign Affairs
   • Foreign Affairs

4. Peru follows with a sovereign debt suspension

   Mar 1, 1931Labels: Peru, Sovereign Suspension

   • Foreign Affairs
   • Foreign Affairs

5. Hoover Moratorium signals broader debt stress

   Jun 20, 1931Labels: Hoover Moratorium, US Government

   • Hoover Moratorium
   • Fed History

6. Chile suspends external debt amid export collapse

   Jul 1, 1931Labels: Chile, Nitrate Collapse

   • Foreign Affairs
   • UK Parliament

7. Brazil defaults on most bonds and tightens payments

   Sep 1, 1931Labels: Brazil, Bond Default

   • Foreign Affairs
   • Default Data

8. Chile’s downturn becomes a global benchmark case

   Jan 1, 1932Labels: Chile Downturn, League of

   • Chile Depression
   • Econ History LSE

9. Countries expand exchange controls and import restrictions

   Jun 1, 1932Labels: Exchange Controls, Import Restrictions

   • FRUS
   • Foreign Affairs

10. Debt distress spreads beyond early defaulters

    Jan 1, 1935Labels: Regional Defaults, Debt Distress

    • Foreign Affairs
    • Foreign Affairs

11. Policy pivot toward managed trade and state-led adjustment

    Jun 1, 1935Labels: Managed Trade, State-led Adjustment

    • FRUS
    • Fed History

12. 1935 endpoint: defaults and controls reshape credit relations

    Dec 31, 1935Labels: Credit Relations, Debt Suspensions

    • Foreign Affairs
    • Foreign Affairs