Lessons from the Crisis in Argentina:

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...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Daseking, Christina 1964- (VerfasserIn), Ghosh, Atish R. (VerfasserIn), Lane, Timothy D. 1955- (VerfasserIn), Thomas, Alun (VerfasserIn)
Körperschaft: Internationaler Währungsfonds (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2004
Schriftenreihe:Occasional papers Occasional paper no. 236
Schlagworte:
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Volltext
Zusammenfassung: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 considered a model reformer and was engaged in a succession of IMF-supported programs through much of the 1990s. This Occasional Paper examines the origins of the crisis and its evolution up to early 2002 and draws general policy lessons, both for countries' efforts to prevent crises and for the IMF's surveillance and use of its financial resources
Beschreibung:1 1 Online-Ressource (v, 55 Seiten) diagrams
ISBN:1589063597
9781589063594

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