Growth and Recovery in a Time of Default: Lessons from the Role of the Urban Sector in Argentina

Michael Cohen

No wp-2011-010, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: International narratives on Argentina's recovery from the crisis of 2001-02 tend to emphasize the role of rising commodity prices and growing demand from China. Argentina is said to have been 'lucky', saved by global demand for its agricultural exports. The international narrative has also been used by local agricultural exporters to justify their objections against higher export taxes during periods of high commodity prices. These narratives are not correct.

Keywords: Agriculture; Depressions; Economic development; Regional economics; Urban economics (search for similar items in EconPapers)
Date: 2011
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