Trading on the deck of the Titanic? Argentina and the IMF during the government of Eduardo Duhalde

The International Monetary Fund (IMF) played a central role during the Argentinean crisis of 2001-2002. After the collapse of the convertibility plan, the government searched an agreement with the IMF with the goal of speeding up the end of the crisis. However, the Fund showed reluctant to agree wit...

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Autor principal: Labaqui, Ignacio
Formato: Artículo revista
Lenguaje:Español
Publicado: Centro de Estudios Históricos Profesor Carlos S. A. Segreti 2011
Materias:
FMI
IMF
Acceso en línea:https://revistas.unc.edu.ar/index.php/anuarioceh/article/view/23020
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Sumario:The International Monetary Fund (IMF) played a central role during the Argentinean crisis of 2001-2002. After the collapse of the convertibility plan, the government searched an agreement with the IMF with the goal of speeding up the end of the crisis. However, the Fund showed reluctant to agree with Argentina and only abided to do so after a year of painstaking negotiations, which culminated with an agreement of unusual characteristics. This paper analyzes the negotiations held by the Eduardo Duhalde administration with the Fund during 2002 with the goal of explaining the Fund’s toughness and the way in which the Argentinean government was finally able to get financial assistance. With that purpose, I use Putnam’s two-level game analytical framework.