Here is the synopsis of our sample research paper on Argentina’s Economic Collapse (2001-2002). Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 3 page paper identifying factors contributing to economic collapse in Argentina. After being one of South America’s most promising economies, Argentina suffered economic collapse at the end of 2001 and did not see the beginning of any significant recovery until well into the next year. The purpose here is to identify contributory factors and to assess whether the Latin America trade alliance MERCOSUR was involved in the collapse in any way. Bibliography lists 4 sources.
Page Count:
3 pages (~225 words per page)
File: CC6_KSargenEconCol.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
of South Americas most promising economies, Argentina suffered economic collapse at the end of 2001 and did not see the beginning of any significant recovery until well into the next
year. The purpose here is to identify contributory factors and to assess whether the Latin America trade alliance MERCOSUR was involved in the collapse in any way. Factors Contributing
to the Collapse In its own inimitable way, The Economist muses, "The IMF is always in essentially the same fix" (Blame game, 2002;
p. PG). It exists in that ether between doing too much and too little, which it often does simultaneously. "It helped too much last year, throwing good money
after bad; to make things worse, it helped too little last year, failing to provide support when it was needed" (Blame game, 2002; p. PG). It demanded austerity measures
that the fragile political system could not sustain, yet appeared happy to allow the government to follow the same failing policies that had brought it to the brink of collapse
and finally pushed the economy over the cliff. Unemployment already had been an issue in Argentina well in advance of the economic collapse.
Argentina has suffered many types of economic angst in the past, and flat exports, decreased household demand and high unemployment were only viewed as being far too normal.
As a contributing factor, the point here is that the private sector was not in a position to spur economic growth in response to consumer spending. Consumers had little
to spend for any reason. One house of Argentinas Congress approved an austerity plan designed to eliminate the fiscal deficit (The world this
...