Argentina: Anatomy of a Crisis Foretold

Abstract

“As 2002 came to an end, the Argentine economy seemed to have touched bottom after contracting more than 10 percent. But a robust recovery during 2003 will be blocked by many of the same forces that helped create Argentina’s economic catastrophe: the hard-line stance of the IMF, the muddle that is Argentine politics, and a dispirited and politically disaffected populace.”