ARGENTINA ECONOMIC CRISIS 2001-2015

BIBLIOGRAPHY
“Participation Rate” (2015). Investopedia. Obtained in March 3rd, 2015 from: http://www.investopedia.com/terms/p/participationrate.asp

“What is Inflation?” (2015). Investopedia. Obtained in March 3rd, 2015 from: http://www.investopedia.com/university/inflation/inflation1.asp

“Unemployment rate” (2015) BusinessDicitonary. Obtained in March 3rd, 2015 from: http://www.businessdictionary.com/definition/unemployment-rate.html

CNN. (2014). ¿Cómo fue la crisis argentina en 2001?. 03/15, de CNN Sitio web: http://www.cnnexpansion.com/economia/2014/07/31/12-puntos-de-la-crisis-argentina-en-2001


Brenda Teresita Fletes Gómez A01227811
Stephania Yolanda Lara Cervantes A01227623
María Fernanda Morales Quezada A01227821
Rafael Soriano Campos A01225960
Christian Antonio Cabrera Martínez A01227746
ARGENTINA ECONOMIC CRISIS 2001-2015
Inflation rate is a percentage of the sustained increase in the general level of prices for goods and services.
INFLATION RATE
The percentage of total workforce who are unemployed and are looking for a paid job.
UNEMPLOYMENT RATE
A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work.
Labor Participation rate
2001- -2.00%
2007- 25.92%
2013. 27.49%
22.2%
2005: 62.1%
2009: 61. 2%
2013: 60.8%
RATE OF POVERTY
2001: 32.9%
2007: 19.5%
2011: 11.6%
The Argentine economy suffered a deep crisis during 2001 and 2002. Poverty stretched to one in every three homesteads in the suburbs of Buenos Aires, and the traumatic departure from convertibility, together with financial crisis and default (public debt default), undermined investor confidence, both local and foreign.
The Argentine economy suffered a deep crisis during 2001 and 2002. Poverty stretched to one in every three homesteads in the suburbs of Buenos Aires, and the traumatic departure from convertibility, together with financial crisis and default (public debt default), undermined investor confidence, both local and foreign.
Argentina’s crisis started in 1999 with the economic crisis that the world faced in that period of time. The argentine government decided to link the Argentinian peso to the U.S dollar; as a result, all of their debts grew and the peso value decreased.
The Argentine economy suffered a deep crisis during 2001 and 2002. Poverty stretched to one in every three homesteads in the suburbs of Buenos Aires, and the traumatic departure from convertibility, together with financial crisis and default (public debt default), undermined investor confidence, both local and foreign.
Currently, Argentina faces many economical and social problems like unemployment as a consequence of their debts.