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Browse Archive Economic Outlook Argentina: From Stimulation to Austerity - July 2001
Browse Archive Economic Outlook Argentina: From Stimulation to Austerity - July 2001 | Argentina: From Stimulation to Austerity - July 2001 |
The old cliché "united we stand, divided we fall" finds few better examples than today's political-economic crisis in Argentina. From the time his presidential honeymoon period ended, de la Rua has been undermined by members of his own coalition. To make matters worse, he was double crossed by Peronist provincial governors who reneged on promised budget cuts. Argentine voters, with an historical appetite for bold leaders, now think little of de la Rua. Fewer than 25 percent still support him. |
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