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Argentina's Crisis: The Costs and Consequences of Default to the IFIs

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Publication Date: November 2002

Publisher(s): Center for Economic and Policy Research

Author(s): Mark Weisbrot; Alan Cibils

Topic: Banking and finance (International financial institutions)

Keywords: National debt; Trade surplus; Domestic production

Type: Report

Coverage: Argentina

Abstract:

This paper challenges widely held assumptions surrounding Argentina’s possible default on IMF loans. Excerpts from this issue brief were printed in Clarín, Argentina's largest daily newspaper.