Problem
Argentina: Anatomy of a Financial Crisis
Case Study Preparatory Questions
a) What were political and economic conditions in Argentina in December 2001/January 2002?
b) What was the Convertibility Plan? What was it intended to accomplish?
c) What causes (both internal and external) were behind the predicament Argentina found itself in with the de-pegging of the peso and the resignation of 5 presidents in late 2001/early 2002?
d) Could the massive default by Argentina have been avoided? If so, how?
e) How has this case study made you a more astute international manager?