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POL 207 - Politics of Latin America

Caminito, a colorful street museum and colorful walkway in Buenos Aires

Unit 13: Argentina

Reading:

Backgrounder: Argentina’s Struggle for Stability

Argentina is Latin America’s second-largest country by area and the region’s third-largest economy. Over the past century, it has vacillated between economic growth and dysfunction, going from being one of the richest countries in the world to becoming one mired in a prolonged financial crisis, massive debt, and triple-digit inflation. Meanwhile, the legacy of populism and military rule has left the country’s political culture deeply divided.

Film:

A life of boom and bust: Can Argentina break the cycle?

"This 2018 video shows another bust cycle the Argentine economy, which continues to suffer severe crises every decade, usually related to currency and hyperinflation. You will see in this video that the Macri government turned to International Monetary Fund again as one of the largest creditors to Argentina to keep the economy afloat but at a high cost."

Why is Argentina’s economy such a mess?

From Boom to Bust, what will it take to save Argentina from Bankruptcy? | Foreign Correspondent

"Reporter Carrington Clark travels to the South American nation where the price of a steak is up by seventy percent this year alone and soup kitchens are struggling to meet demand."

Attributions

Backgrounder: Argentina’s Struggle for Stability
Source: Diana Roy, Council on Foreign Relations, February 5, 2024, https://www.cfr.org/backgrounder/argentinas-struggle-stability#chapter-title-0-1
©2024 Council on Foreign Relations. All rights reserved.

A life of boom and bust: Can Argentina break the cycle?
Source: Financial Times YouTube, Nov 29, 2018, https://www.youtube.com/@FinancialTimes
Copyright The Financial Times Ltd 2019. For rights and permissions: syndication@ft.com

Why is Argentina’s economy such a mess
Source: The Economist YouTube, Sep 7, 2023, https://www.youtube.com/@TheEconomist
© The Economist

From Boom to Bust, what will it take to save Argentina from Bankruptcy? | Foreign Correspondent
Source: ABC News In-depth YouTube, Oct 5, 2023, https://www.youtube.com/@ABCNewsIndepth
Terms of Use http://www.abc.net.au/conditions.htm (Section 3)