In 2001- 02, Argentina experienced one of the worst economic crises in its history. A default on government debt, which … 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 …

focused on policies to begin to tackle Argentina's underlying impediments to sustained growth and low and stable inflation … budget rigidities is essential to improve Argentina's resilience to shocks, while reorienting public spending towards … social consensus is necessary for policy predictability and to balance demands from financing Argentina's large social …