Crisis in Argentina 2003

CONTENTS



I. GENERAL INFORMATION. GEOGRAPHIC, SOCIAL
AND ECONOMIC INDICATORS 3

II. BACKGROUND OF THE CRISIS 4
1.THE ECONOMY and INTERNATIONAL TRADE 4
2. IMPLICATIONS FOR LATIN AMERICA AND THE UNITED STATES 7

III. THE CURRENT SITUATION IN ARGENTINA 9

IV. REFERENCES 13

I. GENERAL INFORMATION. GEOGRAPHIC, SOCIAL
AND ECONOMIC INDICATORS



Argentina shares land borders with Bolivia, Brazil, Chile, Paraguay and Uruguay, as well as it is bordered by the Atlantic and the Antarctic Oceans. The Argentine nation has been built by the fusion of diverse national and ethnic groups. Waves of European immigrants arrived in the late nineteenth and twentieth centuries. Today, descendants of Italian and Spanish immigrants predominate, but many trace their origins to East European or British and other West European ancestors.
The Argentine population has one of the lowest growth rates in Latin America (1.5%). The 80% of the population reside...