The Argentine Economic Crisis 1999-2002 Essay -- Essays Papers

The Argentine Economic Crisis 1999-2002 Basic Information About Argentina Argentina is a nation located on the East coast of the sothern-most tip of South America. It occupies an area of 2,766,890 square kilometers, which is approximately equal to about three-tenths the size of the United States. It has a population of nearly 40 million people with a growth rate of 1.13%. The populace is 97% Caucasian (primarily of Italian and Spanish decent) with various indigenous groups comprising the remaining 3%. Over 90% of the population is Catholic. The primary language of the nation is Spanish. The national literacy rate is around 96% (CIA). Argentina has been a democracy since 1983, before 1983 it suffered from a tumultuous period during which it fluctuated between democratic and authoritarian rule. It is currently a constitutional republic with mandatory suffrage of all citizens over 18 years of age. The current president is Eduardo Alberto Duhalde, who has held power since he was appointed to the position of presidency on the second of January 2002 (CIA). The Argentinian economy enjoys a well diversified industrial sector along with a well developed export-oriented agricultural sector . Argentina also benefits from extensive natural resources and a well educated populace. Major industries in Argentina include food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy, steel. Argentina boasts a GDP of $453 billion (2001) with about 6% devoted to agriculture, 28% devoted to industry and 66% devoted to services. Its primary export partners are Brazil (25.1% of all exports), the United States (18.7%), Germany (5%), and China (4.6%). In spi... ... Norden, Deborah L. and Roberto Russel. The United States and Argentina. New York: Routledge, 2002. Mussa, Michael. â€Å"Argentina and the Fund: From Triumph to Tragedy.† Policy Analysis in International Economics 67 (2002) The Argentine Crisis: Chronology of Events After Sovereign Default Since April 7 June 2002. Standard and Poors. March 12, 2003 The Argentine Financial Crisis: A Chronology of Events January 31, 2002 CRS Report for Congress. March 3, 2003 < http://fpc.state.gov/documents/organization/8040.pdf> United States Congress, House of Representatives. Subcommittee International Monetary Policy and Trade. Hearing on the State of Argentine Economic Crisis and the Role of the International Monetary Fund. 5 March 2002 The Argentine Economic Crisis 1999-2002 Essay -- Essays Papers The Argentine Economic Crisis 1999-2002 Basic Information About Argentina Argentina is a nation located on the East coast of the sothern-most tip of South America. It occupies an area of 2,766,890 square kilometers, which is approximately equal to about three-tenths the size of the United States. It has a population of nearly 40 million people with a growth rate of 1.13%. The populace is 97% Caucasian (primarily of Italian and Spanish decent) with various indigenous groups comprising the remaining 3%. Over 90% of the population is Catholic. The primary language of the nation is Spanish. The national literacy rate is around 96% (CIA). Argentina has been a democracy since 1983, before 1983 it suffered from a tumultuous period during which it fluctuated between democratic and authoritarian rule. It is currently a constitutional republic with mandatory suffrage of all citizens over 18 years of age. The current president is Eduardo Alberto Duhalde, who has held power since he was appointed to the position of presidency on the second of January 2002 (CIA). The Argentinian economy enjoys a well diversified industrial sector along with a well developed export-oriented agricultural sector . Argentina also benefits from extensive natural resources and a well educated populace. Major industries in Argentina include food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy, steel. Argentina boasts a GDP of $453 billion (2001) with about 6% devoted to agriculture, 28% devoted to industry and 66% devoted to services. Its primary export partners are Brazil (25.1% of all exports), the United States (18.7%), Germany (5%), and China (4.6%). In spi... ... Norden, Deborah L. and Roberto Russel. The United States and Argentina. New York: Routledge, 2002. Mussa, Michael. â€Å"Argentina and the Fund: From Triumph to Tragedy.† Policy Analysis in International Economics 67 (2002) The Argentine Crisis: Chronology of Events After Sovereign Default Since April 7 June 2002. Standard and Poors. March 12, 2003 The Argentine Financial Crisis: A Chronology of Events January 31, 2002 CRS Report for Congress. March 3, 2003 < http://fpc.state.gov/documents/organization/8040.pdf> United States Congress, House of Representatives. Subcommittee International Monetary Policy and Trade. Hearing on the State of Argentine Economic Crisis and the Role of the International Monetary Fund. 5 March 2002