While the world seemed to be taken by surprise by the recent global economic crisis, one country was a little more prepared than others. In the 90's Argentina was hailed as an economic success story. But in 2001 after a lengthy recession, its financial system crashed. Bank accounts were frozen. Thousands of people saw their life savings disappear. The crisis led to unprecedented levels of unemployment. We examine what Argentina did to pull itself out of crisis and create jobs, and whether the measures put in place are protecting Argentines from the current recession.
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