South American economic crisis of 2002 - Definition

The South American Economic Crisis is the economic disturbances which have developed in 2002 in the South American countries of Argentina, Brazil and Uruguay. These crisis have shaken confidence in the Washington consensus.

External links

• I.M.F. Loan to Brazil Also Shields U.S. Interests (http://www.nytimes.com/2002/08/09/business/worldbusiness/09FUND.html), The New York Times, August 9, 2002
• Brazil May Not Stay Upright on a Shaky Global Stage (http://www.nytimes.com/2002/10/06/international/americas/06GLOB.html), The New York Times, October 6, 2002