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The Argentine Economic Crisis and Dollarization.

15661. The Argentine Economic Crisis and Dollarization.

This paper provides an overview and analysis of the current economic crisis in Argentina. The analysis considers the background and history of the crisis, its major components and symptoms, the steps taken to-date by both the Argentine government and the international community to deal with the crisis, and the appropriate strategies to be tried in the future. In particular, the analysis considers the extent to which "dollarization" may alleviate some of Argentina's current economic woes. It is argued that in addition to maintaining its nationwide austerity program while simultaneously working closely with the poorer provinces to address the disparate social impact of the economic crisis, Argentina should embark on a dollarization program. KEYWORDS: argentina economy argentine currency monetary policy dollarization. APA Style. 33 pages, 83 footnotes, 38 bibliographic sources. 8,945 words.

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