Argentine economic crisis (1998–2002)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:affectedPopulation	millions of Argentines
gptkbp:cause	gptkb:government corruption capital flight IMF policies overvalued currency
gptkbp:country	gptkb:Argentina
gptkbp:currency	gptkb:Argentine_peso
gptkbp:currencyPeggedTo	gptkb:US_dollar
gptkbp:endDate	2002
gptkbp:followedBy	Argentine recovery (2003–2007)
gptkbp:GDP	about 20%
https://www.w3.org/2000/01/rdf-schema#label	Argentine economic crisis (1998–2002)
gptkbp:IMFInvolvement	yes
gptkbp:mainEvent	gptkb:bank riots mass unemployment widespread poverty sovereign default resignation of President Fernando de la Rúa devaluation of peso
gptkbp:notablePerson	gptkb:Domingo_Cavallo gptkb:Eduardo_Duhalde gptkb:Fernando_de_la_Rúa
gptkbp:notablePolicy	debt restructuring abandonment of currency peg banking restrictions corralito emergency social programs pesification
gptkbp:povertyRatePeak	over 50%
gptkbp:precededBy	gptkb:Convertibility_Plan
gptkbp:relatedEvent	gptkb:Argentine_default_of_2001 gptkb:2001_Argentine_great_depression gptkb:December_2001_riots 2002 devaluation of the peso
gptkbp:resultedIn	political instability mass protests social unrest economic contraction banking restrictions (corralito) end of currency peg increase in poverty rate
gptkbp:startDate	1998
gptkbp:unemploymentRate	over 20%
gptkbp:bfsParent	gptkb:Heroic_Losers gptkb:Convertibility_Plan gptkb:Ecuadorian_financial_crisis_(1999) gptkb:La_odisea_de_los_giles
gptkbp:bfsLayer	7