The purpose of this paper is to comprehend the business cycle of the Argentine Crisis (1998-2002). The following paper will outline the crisis, starting off with a comprehensive literature review on the topic, analyzing its causes and consequences, followed by a survey on the policy-responses undertaken by the Argentine government to combat the recession. The crisis will then be analyzed in the context of the IS-LM model of macroeconomics.
Aggarwal, Laira; Ries, Francois; and Salvador, Alejandro
"The Argentine Great Depression,"
Undergraduate Economic Review: Vol. 15:
1, Article 24.
Available at: https://digitalcommons.iwu.edu/uer/vol15/iss1/24