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Back from the Brink: Argentina and the IMF Negotiate a Better Agreement

The agreement last week between Argentina and the International Monetary Fund (IMF) brought the country, and the world, back from the brink of a default that could have threatened the stability of the international financial system. As in any negotiate…

The agreement last week between Argentina and the International Monetary Fund (IMF) brought the country, and the world, back from the brink of a default that could have threatened the stability of the international financial system. As in any negotiated agreement, it was not ideal. But it was unprecedented, and both sides understood the dangers More

The post Back from the Brink: Argentina and the IMF Negotiate a Better Agreement appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Joseph Stiglitz – Mark Weisbrot.


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