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And the Money Kept Rolling In (and Out) Wall Street, the IMF, and the Bankrupting of Argentina

Paul Blustein




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 | #569439 in eBooks |  2006-04-04 |  2006-04-04 | File type: PDF

||1 of 1 people found the following review helpful.| Why Argentina went bust in 2001|By Aparato SuperSónico|Argentina defaulted on over $100 BILLION DOLLARS over Christmas vacation in 2001. But that was not the source of their problems. Banks, the IMF particularly, the Argentine politicians and Argentine society were to blame. When president Alfonsin was elected in 1983, Argentina owed $40 billion, by the time he left the|.com |It's not often--or maybe ever--that a book steeped in emerging-market economic theory reads like a thriller. But And the Money Kept Rolling In (and Out) has cliffhangers and plot twists equal to a detective's tale, as Paul Blustein chronicles the s

In the 1990s, few countries were more lionized than Argentina for its efforts to join the club of wealthy nations. Argentina's policies drew enthusiastic applause from the IMF, the World Bank and Wall Street. But the club has a disturbing propensity to turn its back on arrivistes and cast them out. That was what happened in 2001, when Argentina suffered one of the most spectacular crashes in modern history. With it came appalling social and political chaos, a collap...

You easily download any file type for your device.And the Money Kept Rolling In (and Out) Wall Street, the IMF, and the Bankrupting of Argentina   |  Paul Blustein.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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