[PDF] argentina crisis 2001 timeline

20 déc. 2001 · Timeline: Argentina's economic crisis · 1999 · December 10 Fernando de la Rua becomes Argentina's president. · 2000 · May 29 Argentina announces £  Autres questions
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  • What caused Argentina's economic crisis in 2001?

    Introduction.
    Argentina was plunged into a devastating economic crisis in December 2001/January 2002, when a partial deposit freeze, a partial default on public debt, and an abandonment of the fixed exchange rate led to a collapse in output, high levels of unemployment, and political and social turmoil.

  • What was the crisis in 2001?

    The 2001 recession was an eight-month economic downturn that began in March and lasted through November. 1 While the economy recovered in the fourth quarter of that year, the impact lingered and the national unemployment continued to climb, reaching 6% in June 2003.

  • When did Argentina economic crisis start?

    Economic crisis (1998–2002)
    Argentina did not enjoy a rapid recovery, and the sluggishness of GDP growth fuelled concerns about the sustainability of public debt.
    In December 1999, President Fernando de la Rúa took office, seeking assistance from the IMF shortly thereafter.

  • When did Argentina economic crisis start?

    Argentina's GDP exceeded pre-crisis levels by 2005, and Argentine debt restructuring that year resulted in resumed payments on most of its defaulted bonds; a second debt restructuring in 2010 brought the percentage of bonds out of default to 93%, though holdout lawsuits led by vulture funds remained ongoing.

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