Economic Policies in Argentina and Chile.
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This paper takes a look at how Argentina and Chile have both deviated from US standards in neo-liberal economic planning. According to the paper, Argentina's economic collapse of 2001 and refusal to pay $100B in debt showed that recovery was necessary. Chile has also worked to contain inflation, raise direct investment and reduce poverty. The paper concludes that both nations are now said to be successes.
From the Paper:"World Bank (WB) and International Monetary Fund (IMF) rules and advice can give the idea that Globalization means one or two options in dealing with financial crises in developing country. This paper explains some of the problems faced by both Argentina and Chile in the early 21^st century to which governments responded sometimes differently than expected by other middle-income countries. Both countries have recognized that economic policies pursued under globalization may suit some developing economies but not theirs and have made adjustments that have sometimes surprised..."
Cite this Term Paper:
Economic Policies in Argentina and Chile. (2008, December 01) Retrieved December 01, 2022, from https://www.academon.com/term-paper/economic-policies-in-argentina-and-chile-140115/
"Economic Policies in Argentina and Chile." 01 December 2008. Web. 01 December. 2022. <https://www.academon.com/term-paper/economic-policies-in-argentina-and-chile-140115/>