This report is on the financial and economic crisis in Argentina. Please, read the instruction carefully to complete this paper. APA style guide has to be used, and please talk about the things outlined below and in the word file uploaded.
The aim of the empirical project is to provide a primarily qualitative discussion of a crisis (financial/banking/balance of payments) that occurred in Argentina in the period over the past 30 years.
Provide a detailed timeline of the crisis.
Using publicly available resources, and making sure that you avoid uncritical copy-pasting of material, you will need to provide a detailed timeline of the crisis. You should discuss 3 things:
• Near-term events prior to the crisis, and any additional background information (e.g.
developments in other countries)
• Events during the crisis (actions from Government/ Central Banks/Markets).
• Measure taken to end the crisis
In particular, talk about the effects of the crisis on these variables:
• Real Gross Domestic Product
• Real Investment (level, and % GDP)
• Real Trade Balance (level, and %GDP)
• Current Account
• Exchange Rate vis-à-vis US Dollar (or other major currency of the period examined)
• Short-term interest rate
• Long-term interest rate (~10-year Treasury Bond rate)
• Debt (% of GDP)
• Budget Deficit (% of GDP)