2001 Argentine great depression

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:economic_crisis
gptkbp:alsoKnownAs	gptkb:Argentine_economic_crisis_(1998–2002)
gptkbp:cause	capital flight public debt crisis currency peg to US dollar IMF policies
gptkbp:country	gptkb:Argentina
gptkbp:currency	gptkb:US_dollar gptkb:Argentine_peso
gptkbp:effect	gptkb:economic_crisis political instability mass unemployment social unrest poverty increase devaluation of peso presidential resignations default on public debt
gptkbp:endDate	2002
gptkbp:GDP	over 20%
gptkbp:notable_for	gptkb:December_2001_riots piqueteros cacerolazo
gptkbp:notableAchievement	gptkb:political_scandal social fragmentation mass emigration collapse of convertibility increase in informal economy largest sovereign default in history (at the time) recovery after 2003 rise of barter clubs
gptkbp:notablePolicy	debt default IMF bailout convertibility plan corralito bank withdrawal restrictions emergency unemployment programs peso devaluation
gptkbp:peakProductionYear	2001
gptkbp:povertyRate	over 50%
gptkbp:presidentDuringTerm	gptkb:Eduardo_Duhalde gptkb:Fernando_de_la_Rúa gptkb:Adolfo_Rodríguez_Saá
gptkbp:relatedEvent	gptkb:December_2001_riots Argentine debt restructuring
gptkbp:startDate	1998
gptkbp:unemploymentRate	over 20%
gptkbp:bfsParent	gptkb:Argentine_economic_crisis_(1998–2002) gptkb:Argentina_debt_crisis
gptkbp:bfsLayer	8
https://www.w3.org/2000/01/rdf-schema#label	2001 Argentine great depression