Argentina Economic and Financial Policy Between 1999 and 2004
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…