Chapter 46 argentinas default of 2001 s takagi osaka university osaka japan outline introduction economic performance under the convertibility plan 1991 98 early achievements 1991 94 the mexican crisis and recovery 1995 98 selection from the evidence and impact of financial globalization book. Chapter 46 argentinas default of 2001 is big ebook you need you can read any ebooks you wanted like chapter 46 argentinas default of 2001 in simple step and you can save it now the most popular ebook you want to read is chapter 46 argentinas default of 2001 we are promise you will like the chapter 46 argentinas default of 2001. December 23rd 2001 president rodriguez saa who has just been elected by the argentine congress announces the default on usd 93bn of argentinas sovereign debt rodriguez saa will have to resign a couple of days later thereby increasing political instability even more as much as four different presidents will try to rule argentina . A sovereign default would be argentinas ninth the 2001 turmoil paved the way for the presidencies of nestor kirchner and his wife cristina fernandez de kirchner from 2003 to 2015 . Argentinas sovereign default in 2001 was then the largest ever and yet even it did not provoke contagion in global markets the default is sometimes blamed for spreading chaos to brazil where