Description
An in-depth chronicle of the collapse of the Argentinean economy looks back on its heights during the 1990s and the crash of 2001, examining the chaos that followed and the responsibility of the First World nations for the disaster. 25,000 first printing.
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At one time Argentina was considered the successful poster child of the neoliberal "Washington Consensus." Sent down to report on Argentina's economic crisis for the Washington Post, Blustein instead came to see the role of the International Monetary Fund and other international financial players in encouraging massive inflows of finance and heavy Argentine bombing as being analogous to the activities of the securities traders encouraging the stock market bubble in recent Wall Street scandals. He reconstructs the causes and events of the crisis through interviews with government and IMF officials, market players, and other involved parties. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
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