1. Crisis in Argentina
... than they have been in the past. The situation in Argentina is one of the worst ever. Nowadays, Argentina is facing one of the worst political and economic situations in history. The GDP has declined at a record 16.3 percent annual rate in the first quarter of 2002. Unemployment stands at 21.5 percent of the labour force, and real monthly wages have ... ). Since October 2001, 5.2 million Argentinians have fallen below the poverty line, while seven out of ten Argentinian children are poor today. While this is the worst economic crisis in Argentine history, there are a number of reasons to...
- Word Count: 3213
- Approx Pages: 13
- Grade Level: Undergraduate