Review on 2001 Argentina Debt Crisis

DOI

10.2991/assehr.k.211220.274How to use a DOI?

Keywords

corruption; neoliberal reform; macroeconomic; competitive of products

Abstract

As the third-largest economic entity in Latin America, Argentina has implemented economic reforms featuring neoliberal policies since 1989. However, uncertain economic information, policy deviations, lack of supervision, and other institutional factors have only brought Argentina a Short-lived boom. The Argentine economy began to decline in 1998, the financial situation continued to deteriorate, and financial turmoil appeared in the financial market many times. Long-term instability prompted the outbreak of a financial crisis in Argentina. The government’s financial situation also deteriorated extremely, and it has reached the brink of collapse. This article summarizes the research viewpoints of many scholars on the Argentine debt crisis in 2001. This article summarizes many scholars’ perspectives on the causes of Argentina’s 2001 economic crisis, the impacts and lessons learned from various perspectives. Many scholars analyzed the 2001 Argentine lending crisis from multiple macro perspectives and in a qualitative way. Relatively speaking, they lack empirical research methods in this field and pay attention to the social problems brought about by the 2001 Argentine lending crisis. We believe that future research in this field can pay more attention to the changes in people’s lifestyles after the 2001 Argentine lending crisis. In addition, scholars can compare the 2001 Argentine lending crisis horizontally and vertically with other existing or ongoing crises, such as the impact of the new coronavirus that is now raging around the world on Argentina. We hope this article can provide help and sort out research ideas for future research.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Hanhan Ren
AU  - Wenzhou Zheng
AU  - Ziyue Zhou
PY  - 2021
DA  - 2021/12/24
TI  - Review on 2001 Argentina Debt Crisis
BT  - Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
PB  - Atlantis Press
SP  - 1620
EP  - 1627
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211220.274
DO  - 10.2991/assehr.k.211220.274
ID  - Ren2021
ER  -