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1998–2002 Argentine great depression article. This is not a forum for general discussion of the article's subject. |
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This has to be desambiguated, or do you think this is/will be the only economic crisis worth mentioning? Ejrrjs | What? 23:46, 2 Apr 2005 (UTC)
I would also go with (parenthesis). Mariano( t/ c) 06:43, 2 September 2005 (UTC)
I don't really think it could be referred to as just a single time period crisis. This crisis was the result of about 30 years of de-industrialization under the juntas after Perón, Alfonsin and Menem. However, I think a good name might be 'The Economic Crisis in De la Rua's Government'. A bit long, but it kind of sums it up. -- Comrade Neko 17:37, September 4, 2005 (UTC)
I'm having second thoughts about this. [1] Unless somebody is about to write an article on another crisis, I suggest leaving it like this. If the need arises later, I promise I'll do all the boring job myself. -- Pablo D. Flores ( Talk) 14:41, 7 September 2005 (UTC)
There seems to be a good consus on the name, but just as another option in case there are still doubts about putting fixed dates to it, I've heard it referred to as the es:Wikipedia: Crisis de convertabilidad a fair amount here in Argentina. Referring to it as the Crisis of Convertability in one form would be another option. Elnocturno 02:10, 12 July 2006 (UTC)
I'm not much of a contributor, but this article desperatly needs more source citations. I find it very hard to turst much of the information presented, especially in the sections explaining the causes of the crisis. 134.71.149.229 ( talk) 06:28, 13 November 2009 (UTC)
Please see the discussion about the effect of convertibility on exports at December 2001 riots (Argentina). Maybe it should be moved here... The issue is:
This page says at present that the 1:1 peso-dollar rate made imports cheap and exports uncompetitive. This has been contested. Reputable sources and analyses are needed in order to explain the matter in a less generalizing and possibly inaccurate way.
-- Pablo D. Flores 15:38, 19 August 2005 (UTC)
Quote from the article: "They created a new form of protest, known as cacerolazo (banging pots and pans)."
I don't think that this was new, although the word used to describe it may have been. This is from having read Alistair Horne's book on the subject of Salvador Allende's period in power in Chile in the early 1970s:
Horn, A. Small Earthquake in Chile, Papermac, 1990. ISBNÂ 0-333-51756-3. p337: "During Castro's visit in the end of 1971, thousands of middle-class women demonstrated angrily in Santiago, beating empty saucepans as a protest against the foot [sic] shortages (plate 40)"
Plate 40 shows exactly that, with the caption "The women of Chile disagree: The 'saucepan riots' of December 1971"
LancsNeil 16:39, 29 December 2005 (UTC)
No where do I see mentioned the implementation of Argentina's "Green Dollars" and other social currency systems that initally allowed farmers to settle IOUs with their product and have since expanded in availability to all citizens. I came to this site in search of unbiased information about Argentina's political and economic history, specifically how and if social currency systems have helped to alleviate the country's financial burden. I am disappointed not to find even a brief explanation. I have read various articles pertaining to the use of "Argentinos," for instance, but have yet to find any clear explanation sobre their adoption/acceptance/effect nationally. Can anyone help? Thanks!
More details on the exchange of the defaulted bonds and their reduced values would be useful. Did the debt lenders effectively write off the debts, and if so which lenders did this?
I am not an economist, so perhaps it is me, but I find it hard to work out from this section what the criticisms of the IMF have been. I understand there have been heavy criticisms levelled against the IMF and I was hoping to read what they were and what the counter-arguments were. All I read here is that an IMF committee allegedly had some un-specified criticisms that they decided to tone down - and they also made vague statement about "informative manipulation" (what? by whom).
I would like to see more hard detail on this. Sam 14:14, 20 June 2006 (UTC)
The reference is to the policy paper at http://www.imf.org/external/pp/longres.aspx?id=563 (see References section). The IMF has an independent office to evaluate past actions (the IEO). The IEO said a few bad things about the IMF's treatment of the Argentine case. Then the IMF itself hired experts to evaluate the IEO, and these experts concluded that the IEO was not that independent after all. You're right that the section needs to be reworded, though. I'll try to find more references. — Pablo D. Flores ( Talk) 18:22, 20 June 2006 (UTC)
Hi there, I am not sure how to do this-I have tried to make the edits...
but currently the link to "eye of the storm" film is incorrect.- "Eye of the Storm" was a prequel that was shown widely- but its domain now rerouts to "www.ithefilm.com" which is the feature film about the same subjects.
For a direct link for the Eye of the Storm I would go here: http://ithefilm.com/watch_trailers
In addition along with "The Take"- I would suggest including the film entitled "i" which is the feature version of Eye of the Storm.
The web address for this film is www.ithefilm.com its subtitle is "Indymedia, Argentina, and the Questions of Communication"
That 450,000 figure is outrageous. It is completely false and unsubstantiated by any official data or studies, except by the 'research' of one lonely agronomist (which should be added, surely has a political agenda). I'm a quite frankly tired of reading these kinds of claims as encyclopedic FACTS. I highly doubt 450,000 people have died in Haiti of hunger in that same period. It is also good to point out that in no other Latin American country article does it talk about such a number of people dying of hunger, and most of those countries are significantly more impovirished. I was quite tempted to just delete that entire entry, but I will wait for opinions on this.
Let's make it clear: saying someone dies of hunger, means they died DIRECTLY from maltutrition, and not from complications from lack of proper nutrition (which could be what it is attempted to be conveyed by such figure), but even so it appears a gross exageration and lacking in multiple sources to corroborate, which I think would be required for such a significant statement to be made. Since when is one study by one man or a 'thinktank' (which by their very nature have an ideological agenda), used as encyclopedic data? I believe it should be discarded. The dugout 17:58, 19 September 2006 (UTC)
Data should at least go back to 1990, in order to show the evolution of the indexes into the crisis, and not only the recovery. —Preceding unsigned comment added by 190.177.194.204 ( talk) 19:44, 10 June 2010 (UTC)
"By the end of the military government the country's industries were severely affected and unemployment, calculated at 18% (though official figures claimed 5%), was at its highest point since the depression." The figure 18% needs support. As far as I know that figure is quite excessive. —Preceding unsigned comment added by Andruchoandrucho ( talk • contribs) 20:04, 9 May 2009 (UTC)
I just removed a mention to chile tourism balance. To start with, there is no source, and to follow, Chile is a largely irrelevant player in argentine politics and economics. It seems like Chilean users are constantly adding mentions to their country in Argentine articles where there is no need nor relevace. Please protect the articles from this slight form of vandalism. —Preceding unsigned comment added by 186.19.151.146 ( talk) 15:16, 19 January 2011 (UTC)
The article had very little information about the events between the beginning of the recession in 1998 and the unrest of December 2001. I am not Argentinean and I have not experienced any of those events first hand, but I tried to expand it as best I could, using information from Western newspapers that I could find using news.google.com.
There are a few things that need to be addressed.
Two more notes.
There is an IMF report available online, analyzing, among other things, Argentinean performance up to 2001. It can be expected to be biased, but there are some useful numbers in it.
On the subject "when did the crisis really begin", it shows three dates of sharp and significant drops in bank deposits: March 19, 2001; July 5, 2001; October 26, 2001. These dates must be reflected in the article. The first is apparently the date when Domingo Cavallo took the office. The second and the third event may need to be clarified.
It would be nice to have charts of government tax collections and public spending, excluding interest on debt, quarter-by-quarter, late 1998 through late 2001. There are lots of numbers in the IMF article, but they only seem to make things more complicated than they should be.-- Itinerant1 ( talk) 12:38, 30 November 2011 (UTC)
The lead paragraph ought to present the major hypotheses as to the cause of the crisis with the benefit of hindsight, supported by the voluminous academic work since the events, not the opinion journalist (whatever his qualities may be, as a journalist) gleaned in a 2001 interview:
The origins section assumes, incorrectly, that the issuance of new sovereign debt is necessary for the introduction of a new currency. A pure fiat currency can be introduced with no value except as credit for taxes and other obligations to the government; such currencies can therefore obviate the issuance of sovereign debt, as Lincoln did with United States Notes, or Greenbacks, during the Civil War. By issuing sovereign debt to secure reserves as a basis for the austral, in a misguided attempt at fiscal soundness, the Argentine government doomed itself to debts it could never repay, the debts exceeding the supply of australs by the interest on the debt. Inevitably, the government would be forced to issue additional currency without the backing of new reserves and, as this predicament became obvious and interminable, the expectation of further such issues led to hyperinflation. Therefore, the issuance of sovereign debt, far from being necessary, was the avoidable and sole cause of the monetary aspect of this crisis. InpoliticTruth ( talk) 02:30, 13 March 2013 (UTC)
This is probably legacy( Lihaas ( talk) 18:46, 2 November 2013 (UTC)).
I have tagged the reference in the paragraph in the Recovery section which begins, "Argentina's recovery suffered a minor setback in 2004 when rising industrial demand caused a short-lived energy crisis" as being {{ dubious}}. This link is to the main page of the Ministry of Economy and Public Finance (Ministerio de EconomÃa y Finanzas Públicas), a Spanish-language government website; there is no link to a specific article, press release, or other document to verify the claims. My Spanish is too poor to navigate the site and find the appropriate citation.— D'Ranged 1 VTalk 08:21, 13 June 2014 (UTC)
I've removed the {{ refimprove}} tag from the top as inline tagging seems to be more useful. Regarding the other template left, i.e. {{ incomplete}}, there are no explanations for it to be there. I think this one should also be removed. I will proceed with the removal in a week or so unless good reasons are provided for keeping it.-- Jetstreamer Talk 15:12, 14 July 2015 (UTC)
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