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After the sustained growth that had characterized most of the nineties of the 20th century, the Argentina it was going through a profound financial and currency crisis in the period 1999-2002. Its causes included the collapse of the Asian and Russian markets of 1997-98, the loss of competitiveness of Argentine products following the depreciation of the Brazilian real and the appreciation of the dollar against the euro, limited domestic demand and the worsening of public accounts. The government authorities were…

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Despite recent economic and financial hardships, Argentina, an economic, political and cultural powerhouse, remains one of the most influential players in South America. Political instability, economic volatility and poor demographic growth have in fact held back the development of the country, not only in relation to Brazil, the great northern neighbor, which has always been the main competitor, but also towards states such as Chile and Colombia, more similar in geographical and demographic dimensions and protagonists in recent times of a…

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