Lessons from the Crisis in Argentina

Cover Art for 9781452721071, Lessons from the Crisis in Argentina by Alun Mr. Thomas, Atish Mr. Ghosh, Christina Ms. Daseking, Timothy Mr. Lane
ISBN: 9781452721071
Publisher: INTERNATIONAL MONETARY FUND
Published: 10 February, 2005
Format: eBook
Editions:
1 other edition of this product

In 2001- 02, Argentina experienced one of the worst economic crises in its history. A default on government debt, which occurred against the backdrop of a prolonged recession, sent the Argentine currency and economy into a tailspin. Although the economy has since recovered from the worst, the crisis has imposed hardships on the people of Argentina, and the road back to sustained growth and stability is long. The crisis was all the more troubling in light of the fact that Argentina was widely con

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