... traders, or borrowing from China, which emerged as a dominant official creditor. Developing countries’ overall external debt rose to a record level during this period. As central banks raise interest rates sharply to counter a global rise in inflation, many of these countries are at risk of default...

... Argentina Kirchner peron peronism Fernandez Fernández Néstor peronist lame-duck left-wing retrenchment kirchnerism political brand economic default commodity inflation crime banks NML Griesa vulture UNHRC human rights capital market UCR Vasquez Bachelet devaluation Scioli...

... with relaxed conditionality. © 2003 Current History. All rights reserved. 2003 The Regents of the University of California Argentina Brazil convertibility default disbursement Eduardo Duhalde foreign exchange IMF Horst Kohler United States The Argentina crisis will not provide...

..., the stubborn problem of Argentine exports, and global financial volatility. © 2002 Current History. All rights reserved. 2002 The Regents of the University of California Argentina convertibility crisis default de la Rúa Duhalde IMF recession unemployment United States The press is full...