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Book Cover
Author Blustein, Paul.

Title And the money kept rolling in (and out) : Wall Street, the IMF, and the bankrupting of Argentina / Paul Blustein.

Published New York : PublicAffairs, 2005.


Location Call No. Status
 UniM Giblin Eunson  330.98207 BLUS    AVAILABLE
Edition 1st ed.
Physical description xxii, 278 pages : illustrations ; 25 cm
Bibliography Includes bibliographical references and index.
Contents Prologue: Up, Up, and Away xvii -- 1 Globalization's Big Bust 1 -- 2 "This May Not Be Paradise" 13 -- 3 Who's Afraid of the Molotov Cocktail? 39 -- 4 Enronization 61 -- 5 Show Me the Money 87 -- 6 Robbing Pedro to Pay Pablo 115 -- 7 Doubling a Losing Bet 135 -- 8 Regime Change, Ready or Not 159 -- 9 A Pit Too Deep 189 -- 10 Don't Cry for Them, Argentina 209 -- Chronology: Road to Ruin 237.
Summary "In the 1990s, few countries were more lionized than Argentina for its efforts to join the club of wealthy nations. Argentina's policies drew enthusiastic applause from the IMF, the World Bank, and Wall Street. But the club has a disturbing propensity to turn its back on arrivistes and cast them out. That was what happened in 2001, when Argentina suffered one of the most spectacular crashes in modern history. With it came appalling social and political chaos, a collapse of the peso, and a wrenching downturn that threw millions into poverty and left nearly one-quarter of the workforce unemployed." "Paul Blustein gets right inside Argentina's rise and fall in a dramatic account based on hundreds of interviews with top policymakers and financial market players as well as reams of internal documents. He shows how the IMF turned a blind eye to the vulnerabilities of its star pupil, and exposes the conduct of global financial market players in Argentina as redolent of the scandals - like those at Enron, WorldCom and Global Crossing - that rocked Wall Street in recent years. By going behind the scenes of Argentina's debacle, Blustein shows how sadly elusive the path of hope and progress remains to the great bulk of humanity still mired in poverty and underdevelopment."--BOOK JACKET.
Subject International Monetary Fund -- Argentina.
Financial crises -- Argentina.
Investments, Foreign -- Argentina.
Argentina -- Economic conditions -- 1983-
Variant Title Wall Street, the IMF, and the bankrupting of Argentina.
ISBN 9781586482459 (hbk.)
1586482459 (hbk.) £18.50
9781586483814 (paperback)
1586483811 (paperback)