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More a Curse than a Cure: The Role of the IMF after the Argentine and Turkish Financial Crises

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Abstract:

Both Argentina and Turkey had a devastating financial crisis in 2001 but the IMF’s reaction to these crises differed considerably. The purpose of this paper is to make a comparison of these two cases in terms of the role that the IMF played in tackling fi

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imf (255), turkey (209), 000 (207), argentina (173), crisi (128), econom (119), 2001 (116), program (84), countri (83), current (77), growth (74), effect (71), 2002 (65), develop (61), financi (56), us (56), 2000 (54), 2005 (53), world (53), economi (51), percent (49),
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Name: ISA's 50th ANNUAL CONVENTION "EXPLORING THE PAST, ANTICIPATING THE FUTURE"
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MLA Citation:

Ozdemir, Yonca. "More a Curse than a Cure: The Role of the IMF after the Argentine and Turkish Financial Crises" Paper presented at the annual meeting of the ISA's 50th ANNUAL CONVENTION "EXPLORING THE PAST, ANTICIPATING THE FUTURE", New York Marriott Marquis, NEW YORK CITY, NY, USA, Feb 15, 2009 <Not Available>. 2010-06-06 <http://www.allacademic.com/meta/p311136_index.html>

APA Citation:

Ozdemir, Y. , 2009-02-15 "More a Curse than a Cure: The Role of the IMF after the Argentine and Turkish Financial Crises" Paper presented at the annual meeting of the ISA's 50th ANNUAL CONVENTION "EXPLORING THE PAST, ANTICIPATING THE FUTURE", New York Marriott Marquis, NEW YORK CITY, NY, USA Online <APPLICATION/PDF>. 2010-06-06 from http://www.allacademic.com/meta/p311136_index.html

Publication Type: Conference Paper/Unpublished Manuscript
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Abstract: Both Argentina and Turkey had a devastating financial crisis in 2001 but the IMF’s reaction to these crises differed considerably. The purpose of this paper is to make a comparison of these two cases in terms of the role that the IMF played in tackling fi

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Associated Document Available ISA's 50th ANNUAL CONVENTION "EXPLORING THE PAST, ANTICIPATING THE FUTURE"

Document Type: application/pdf
Page count: 48
Word count: 13996
Text sample:
More a Curse than a Cure? The Role of the IMF after the Argentine and Turkish Financial Crises by Yonca Özdemir Political Science & International Relations Program Middle East Technical University Northern Cyprus Campus yoncita@metu.edu.tr WORK-IN-PROGRESS Turkey and Argentina both had a severe financial crisis in 2001 which had disastrous social and economic effects. These two countries followed different paths for their recovery from the crises. Argentina is a case that has recovered with a hard stand against the
balance better worse FDI worse better Portfolio investment slightly worse better but getting worse Other investment (credits) worse better Reserves better better GDP growth better better GDP worse better Fixed investment better worse Savings better worse Unemployment better worse Inflation worse better Distribution ? worse? (for labor) 47


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