<strong> Enter the IMF</strong>

When this occurs

When this occurs, Argentine authorities looked to the IMF in desperation. It wasn’t the time that is first Argentina looked to the IMF in 2000 whenever, after 36 months of recession, it had been not able to program its massive financial obligation. The IMF conditioned its loans on financial investing cuts, accelerating Argentina’s economic depression and making the huge December 2001 crisis that then followed unavoidable. 続きを読む