Cowlix Wearing my mind on my sleeve

Argentina Archives
Sunday, May 12, 2002 Permanent link to this day

U.S. Offensive in Latin America: Coups, Retreats, and Radicalization: on U.S. intervention in Venezuela, Columbia, and other countries in the region.

The worldwide U.S. military-political offensive is manifest in multiple contexts in Latin America. The U.S. offensive aims to prop up decaying client regimes, destabilize independent regimes, pressure the center-left to move to the right, and destroy or isolate the burgeoning popular movements challenging the U.S. empire and its clients.

Sunday, March 03, 2002 Permanent link to this day
Argentine impatience

Running out of Patience

Every Sunday crowds of men, women, and children pack into Centenario Park in Buenos Aires to vent their spleens against banks, corrupt politicians, and judges, to demand justice for victims of political repression, and to organize pot-and-pan banging demonstrations (cacerolazos) and other audacious forms of political protest. They are distrustful of politicians, trade union leaders, government officials, big business... in short, anything that smells of the traditional power structure in this crisis-ridden country. They are not the black-clad anarchists one might imagine. They are middle-class professionals, merchants, office workers, housewives, students, those caught in the corralito--the severe banking restrictions imposed in December 2001 to stop a run on accounts--and voters who cast blank ballots to protest congressional by-elections in October 2001.

Tuesday, January 22, 2002 Permanent link to this day
Currency boards

No right answer?

The turmoil in Argentina and the collapse of the ten-year link between the peso and the dollar has revived the debate about currency regimes for emerging-market economies. Was Argentina wrong to adopt the link in the first place, or wrong to try so hard and so fruitlessly to maintain it?

Monday, January 21, 2002 Permanent link to this day
Argentina dollar conversion

Argentina is forcing the conversion of dollar denominated bank accounts to pesos at the official conversion rate of 1.4 pesos/dollar, sparking protests that President Duhalde has broken an inauguration pledge to let people keep their dollar accounts.

Saturday, January 05, 2002 Permanent link to this day
Crisis in Argentina

Politics and Pesos in Argentina: an hour long radio show on the current state of the financial crisis in Argentina.

It's a bad day to be banking in Buenos Aires. The new president is announcing an economic plan designed to save the country from political and financial collapse. But, while the plan will make many economists happy, it is also likely to wipe out 30, perhaps 40 percent of the savings of many Argentines. Over the past month, people across that country have rioted over less. Argentina, once the economic pride of Latin America, is undergoing political upheaval and potential chaos.

Friday, January 04, 2002 Permanent link to this day
Argentine decoupling

The Argentine peso is expected to be devalued by 30-40% as it is decoupled from the dollar and they default on their $155 billion in debt.

Anarchy in Argentina

Argentina Seeks Escape from Anarchy: review of the events leading up to Duhalde's role as the fifth President of Argentina in two weeks

Wednesday, January 02, 2002 Permanent link to this day
Presidential parade

Can you name Argentina's President?

  • Fernando de la Rua (1999-December 20, 2001)
  • Ramos Puerta (December 20, 2001-December 23, 2001)
  • Adolfo Rodriguez Saa (December 23, 2001-December 30, 2001)
  • Eduardo Camano (December 30, 2001-January 1, 2002)
  • Eduardo Duhalde (January 1, 2002-???) was sworn in today.

Tuesday, January 01, 2002 Permanent link to this day
Argentina, why should we care?

Paul Krugman on why we should be crying with Argentina:

Although images of the riots in Argentina have flickered across our television screens, hardly anyone in the U.S. cares. It's just another disaster in a small, faraway country of which we know nothing -- a country as remote and unlikely to affect our lives as, say, Afghanistan.

Sunday, December 30, 2001 Permanent link to this day
Argentine peg

Lessons of Argentina: pegging the Argentine peso to the dollar worked to stem inflation until the dollar rose on the international markets.

Sunday, December 23, 2001 Permanent link to this day
Argentine crisis

The Argentine Financial Crisis: Causes and Cures

The IMF and Argentina's Spiraling Crisis: on how Argentina's currency board and the free flow of debt from the IMF contributed to Argentina's problems. [via wood s lot]

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Copyright © 2001-2002 by Wes Cowley