Why can’t Argentina escape the IMF? – VisualPolitik EN

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In this video we’re going to deal with the relationship between the International Monetary Fund and Argentina. We’ll talk about a relationship that is so special it’s close to celebrating its 70th anniversary. And it’s doing so with a brand new rescue package. Although this is hardly surprising since, on average, Argentina has had to negotiate an IMF rescue every four and a half years since the mid-50s.

Now, why on earth does Argentina go back again and again to the IMF? Whose fault is it? Can this relationship ever come to an end? Was Mauricio Macri irresponsible when he asked the IMF for more money?

In this video we’ll answer these and other questions, which help to explain the particular connection between Argentina and the IMF.

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About This Source - VisualPolitik EN

VisualPolitik EN “talk about politics, economics and things that are happening all around the world.”

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In This Story: Argentina

Argentina, officially the Argentine Republic, is a country located mostly in the southern half of South America. Sharing the bulk of the Southern Cone with Chile to the west, the country is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south.

With a mainland area of 2,780,400 km2 (1,073,500 sq mi), Argentina is the eighth-largest country in the world, the fourth largest in the Americas, the second largest in South America after Brazil, and the largest Spanish-speaking nation by area.

Argentina claims sovereignty over part of Antarctica, the Falkland Islands, and South Georgia and the South Sandwich Islands.

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