(Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In … of the five countries to the 2008 crisis was countercyclical. On the fiscal side, countries had a larger fiscal space in … indicators and a reduction in financing needs in the years before the crisis. On the monetary side, the capacity to implement …

delayed after the Baring Crisis in Argentina in part because of decreased prices for agricultural exports, and renewed growth …The United States and Argentina both experienced severe financial crises in the early 1890s. The causes of these crises … hindered renewed economic growth, focusing on how changes in commodity prices and trade policies impacted post-crisis economic …