And the Money Kept Rolling In (and Out): Wall Street, the IMF, and the Bankrupting of Argentina

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Blustein summarily dismisses credible arguments that Robert Rubin, Clinton's treasury secretary and former CEO of Goldman Sachs ,had effectively been bailing out Wall Street with his lavish interventions in international markets. There is good evidence that many who lent excessive amounts to emerging markets did so because they believed Washington would ride to their rescue in a crisis. Nonetheless, Mr. Blustein has built an admirably clear and cohesive - and important - narrative out of the tangled threads of Argentina's economic history.

Even more impressively, he has made a page-turner out of a currency crisis, which surely ranks among the neatest feats in the very checkered history of business journalism. Submission of reader comments is restricted to NY Sun sustaining members only. If you are not yet a member, please click here to join. If you are already a member, please log in here:.

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Small- and medium-scale farmers cannot compete with large agricultural corporations, who employ an arsenal of pesticides with minimal regulatory oversight. Perhaps the economy will finally stabilize through soy exports. Perhaps things will stay just the way they are. Brennan, James P. Blustein, Paul.

Argentines worried about borrowing from IMF

New York: PublicAffairs, New York: Cambridge University Press, Della Paolera, Gerardo, and Alan M. Chicago: University of Chicago Press, A New Economic History of Argentina. Cambridge: Cambridge University Press, Pineda, Yovanna. Stanford, Calif: Stanford University Press, Rocchi, Fernando.

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Rochon, Louis-Philippe, and Matias Vernengo. Cheltenham, UK: Edward Elgar, Romero, Luis Alberto.

A History of Argentina in the Twentieth Century. Taxation and Society in Twentieth-Century Argentina. New York: Palgrave Macmillan, Sitrin, Marina. Horizontalism: voices of popular power in Argentina. Edinburgh, Scotland: AK Press, Origins: Current Events in Historical Perspective gratefully acknowledges the generous support of the Stanton Foundation.

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ISBN 13: 9781586482459

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