“…Latin American nations have faced frequent problems of temporary commodity booms followed by sharp falls in the price of commodities and domestic currency values, as occurred in the 1980s, 1990s, and 2000s (Astorga, , p. 21; Bresser‐Pereira & Varela, , p. 233; Caldentey & Vernengo, , pp. 631; Frankel, , p. 574; Holland & Vieira, , p. 279; Kon, , p. 7; Ramirez, , p. 1024; Vernengo, , pp. 558, 559).…”