Learning from Argentina's Crisis

1. What economic successes did Argentina achieve during the 1990s?

2. How has the December 2001 financial crisis affected Argentine economic performance?

3. What was the primary cause of Argentina's financial crisis? Explain why this situation arose and why it led to the crisis.

4. What policies might the Argentine government adopt to avoid future financial crises?

Source: "Learning from Argentina's Crisis." Ramon Moreno, Federal Reserve Bank of San Francisco FRBSF Economic Letter, No. 2002-31, October 18, 2002, pp. 1-3.