Book Description

Even a casual observer can see that Argentina is in dire straits. As interim president follows interim president in the wake of rioting, the country cannot meet its foreign debt and has devalued its currency. The economy is falling, unemployment is high, and social services are in trouble. Because of large budgetary deficits, international monetary organisations have withheld loans and the Argentine government imposed restrictions on bank withdrawals to prevent a catastrophic run on currency. Argentina may yet pull itself from the abyss over which it teeters, but the road back will be neither quick nor painless. This book provides a comprehensive look at Argentina, its growth as a nation, and its current predicament.