gptkbp:instanceOf
|
economic crisis
|
gptkbp:affectedIndustry
|
gptkb:government
banking
|
gptkbp:cause
|
fiscal deficit
currency peg to US dollar
sovereign debt default
|
gptkbp:country
|
gptkb:Argentina
|
gptkbp:currency
|
gptkb:Argentine_peso
|
gptkbp:currencyPolicy
|
gptkb:Convertibility_Plan
|
gptkbp:debtDefaultAmount
|
$93 billion
|
gptkbp:effect
|
economic crisis
political instability
mass unemployment
poverty increase
|
gptkbp:endDate
|
2002
|
gptkbp:followedBy
|
gptkb:Argentine_economic_recovery_(2003–2007)
|
gptkbp:governmentResponse
|
debt restructuring
abandonment of currency peg
bank deposit freeze (corralito)
|
https://www.w3.org/2000/01/rdf-schema#label
|
Argentina debt crisis
|
gptkbp:IMF_involvement
|
yes
|
gptkbp:internationalImpact
|
global financial markets
IMF credibility
|
gptkbp:notableEvent
|
gptkb:December_2001_riots
default on $93 billion of public debt
resignation of President Fernando de la Rúa
|
gptkbp:notableFeature
|
largest sovereign default at the time
|
gptkbp:notablePerson
|
gptkb:Domingo_Cavallo
gptkb:Eduardo_Duhalde
gptkb:Fernando_de_la_Rúa
gptkb:Néstor_Kirchner
|
gptkbp:povertyRatePeak
|
over 50%
|
gptkbp:precededBy
|
gptkb:Tequila_Crisis
|
gptkbp:relatedEvent
|
gptkb:2001_Argentine_great_depression
gptkb:2002_devaluation_of_peso
2001-2002 social unrest
|
gptkbp:startDate
|
1998
|
gptkbp:unemploymentRate
|
over 20%
|
gptkbp:bfsParent
|
gptkb:Holdout_Settlement
gptkb:Jay_Newman
|
gptkbp:bfsLayer
|
7
|