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- argentina.pdf accessdate "2013-09-23".
- argentina.pdf first "Timothy J.".
- argentina.pdf format "PDF".
- argentina.pdf isCitedBy 1998–2002_Argentine_great_depression.
- argentina.pdf last "Kehoe".
- argentina.pdf location "Minneapolis".
- argentina.pdf pages "1, 5".
- argentina.pdf publisher "Federal Reserve Bank of Minneapolis".
- argentina.pdf quote "Abstract in 1998–2002, Argentina experienced what the government described as a "great depression" Although it started more slowly than the U.S. Great Depression, the 1975–90 great depression in Argentina lasted longer and resulted in a larger deviation in output from potential as measured by the 2 percent growth path. Figure 2 shows that between 1974 and 1990, real output per working-age person fell by almost 44 percent compared to the 2 percent growth path, with a decline of almost 25 percent in the first decade. Notice that this economic performance was horrible even ignoring the trend—real output per working-age person fell 23 percent, making the period 1975–90 in Argentina a great depression by any reasonable definition. Over the period 1990–98, except for a brief downturn in 1995 associated with the Tequila Crisis, Argentina boomed, with cumulative growth almost 17 percent more than the 2 percent growth path . Starting in 1998, however, Argentina entered yet another great depression, with real output per working-age person falling by more than 29 percent by 2002, compared to the 2 percent growth path . As noted by the Argentine government in the earlier quotation, the decline was particularly severe in 2001 and 2002.".
- argentina.pdf title "What Can We Learn from the 1998–2002 Depression in Argentina?".
- argentina.pdf url argentina.pdf.