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The Nature Of Lessons Learned From Argentina’S 2001 Financial Crisis, Emma Van Wagenberg
The Nature Of Lessons Learned From Argentina’S 2001 Financial Crisis, Emma Van Wagenberg
Renée Crown University Honors Thesis Projects - All
This paper makes the argument that though Argentina’s 2001 financial crisis was influenced by several factors, it is the 1991 Convertibility Plan that most strongly pushed the nation to the point of needing outside financial assistance. Its implementation led to and worked in combination with a multitude of unexpected factors. Together, these created economic conditions that chipped away at the stability of Argentina’s economy.
Given the nature of this project, information was gathered solely through research in texts published by both supporters and critics of organizations like the International Monetary Fund. In my readings, I found that there is generally …