Argentina has gone through a major crisis in the past year, resulting in severe social dislocations, and a reduction of welfare by its poorest. The collapse of the Convertibility Plan, the freezing of bank deposits and the default on foreign debts, and the resulting high inflation, falling...

Argentina has gone through a major crisis in the past year, resulting in severe social dislocations, and a reduction of welfare by its poorest. The collapse of the Convertibility Plan, the freezing of bank deposits and the default on foreign debts, and the resulting high inflation, falling...

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...