Argentina: Economic Recovery - Growing Pains

Argentina has repaid its entire debt to the International Monetary Fund in a grand gesture that weakens international influence over policy. But as President Nestor Kirchner cements his control, he still needs to deal with investment problems, poverty, and spiralling inflation. Since the devastating economic crisis in 2001-2002 the country has experienced a remarkable economic resurgence. But this is not all the result of sound economic policy. Significant sections of the population are yet to benefit. Strong growth has confounded critics who predicted hard times, but there are growing concerns over just how robust the economy really is.

The World Today Updated 15 October 2020 Published 1 February 2006 4 minute READ

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