Economy & TradeThe 1980s

Economy & Trade in the 1980s

Every event in the Terralore archive tagged economy and trade — trade, currency, industry and resources, narrowed to the 1980s — 8 of them, drawn from 8 nations, running from 1980 to 1987. Each entry keeps the sources it was verified against and links back to the chronicle it came from.

Events
8
Nations
8
Earliest
1980
Latest
1987
South America
3
Africa
2
Asia
2
Europe
1

Every entry below is the same record, with the same sources, as the one on its nation’s chronicle.

  1. — Africa:

    Ivory Coast

    Commodity slump ends the boom

    A collapse in world cocoa and coffee prices ended the era of rapid growth, leaving heavy debt and rising discontent that would strain the one-party system.

    Era: The Ivorian miracle and the long Houphouët-Boigny era

    Sources: History of Ivory Coast (1960–99) · Wikipedia, History of Côte d'Ivoire · Encyclopædia Britannica

  2. — South America:

    Paraguay

    Itaipu dam begins generating

    The binational Itaipu hydroelectric dam on the Parana, built with Brazil under a 1973 treaty, starts producing power, transforming Paraguay's economy.

    Era: The Stroessner Era, Democracy and Itaipu

    Sources: Itaipu Dam · Encyclopaedia Britannica

  3. — South America:

    Bolivia

    Hyperinflation and stabilisation

    Amid catastrophic hyperinflation, a returning Paz Estenssoro imposes a drastic stabilisation programme that ends the crisis but brings severe austerity.

    Era: Democracy and the Indigenous-Majority Era

    Sources: Victor Paz Estenssoro · Encyclopaedia Britannica, Bolivia: A Country Study · Library of Congress, Federal Research Division

  4. — South America:

    Falkland Islands

    Fisheries licensing zone established

    The Falkland Islands government created a fisheries conservation and licensing zone; squid licensing revenue became the mainstay of the post-war economy.

    Era: Referendum, Fisheries and Oil to the Present

    Sources: Falkland Islands — History · Encyclopaedia Britannica

  5. — Asia:

    Laos

    New Economic Mechanism reforms

    Facing the failure of central planning, the ruling party launches market-oriented reforms, legalizing private enterprise and inviting foreign investment, echoing Vietnam's Doi Moi.

    Era: The Lao People's Democratic Republic

    Sources: Laos: History · Encyclopaedia Britannica, Lao PDR Overview · World Bank Group

  6. — Europe:

    Spain

    Accession to the European Communities

    Spain joined the European Communities (now the European Union), anchoring its democracy in European integration and ushering in decades of modernisation and growth.

    Era: The Franco Dictatorship and Democratic Spain

    Sources: Spain · Encyclopaedia Britannica

  7. — Asia:

    Vietnam

    Doi Moi reforms launched

    The Communist Party's Sixth Congress adopts Doi Moi, replacing central planning with a socialist-oriented market economy and opening Vietnam to private enterprise and foreign investment.

    Era: Doi Moi Reforms and Modern Vietnam

    Sources: Trade Policy Review: Viet Nam (WT/TPR/G/287) · World Trade Organization, Vietnam · Encyclopaedia Britannica

  8. — Africa:

    Burkina Faso

    Sankara's debt speech at the OAU

    At the Organisation of African Unity summit in Addis Ababa, Sankara argues that Africa's debt cannot be repaid and warns that if Burkina Faso alone refuses, he will not be there for the next conference.

    Era: Sankara's Revolution and the Birth of Burkina Faso

    Sources: A united front against debt (OAU speech, 29 July 1987) · Marxists Internet Archive (translation)