The crisis of Argentina in 2001-2002
Title: The crisis of Argentina in 2001-2002
Category: /Business & Economy/Economics
Details: Words: 1530 | Pages: 6 (approximately 235 words/page)
The crisis of Argentina in 2001-2002
Category: /Business & Economy/Economics
Details: Words: 1530 | Pages: 6 (approximately 235 words/page)
This assignment is about the crisis that affected Argentina in 2001. First of all, we will try to understand how this crisis occured. In a second part, we will see the measures taken by the Argentinian government and will analyse of the results of those measures. Then, we will take a look at the interventions of the International Monetary Fund and their consequences. To conclude, we will analyse this crisis, trying to determine what could have
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concerns were expressed repeatedly but the authorities refused to consider an exit from the currency board arrangement until the change was forced by markets.
The rest of the world, however, also needs to facilitate the emerging and developing countries' integration into the global economic system. The best way to achieve that is to dismantle trade barriers and distortions that prevent a country like Argentina from benefiting fully from its comparative advantage in agriculture for instance.