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Growth and Recovery in a Time of Default: Lessons from the Role of the Urban Sector in Argentina

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  • Michael Cohen

Abstract

International narratives on Argentina's recovery from the crisis of 2001-02 tend to emphasize the role of rising commodity prices and growing demand from China. Argentina is said to have been 'lucky', saved by global demand for its agricultural exports. The international narrative has also been used by local agricultural exporters to justify their objections against higher export taxes during periods of high commodity prices. These narratives are not correct.

Suggested Citation

  • Michael Cohen, 2011. "Growth and Recovery in a Time of Default: Lessons from the Role of the Urban Sector in Argentina," WIDER Working Paper Series wp-2011-010, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2011-010
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2011-010.pdf
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