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GlobalBiz: Argentina - Ten Years On: 12 Nov 11
Sat, 12 Nov 11
Nine years ago Peter Day visited Argentina at its lowest economic ebb1. It had defaulted on its overseas debts. The country was in chaos2 with rampant3 unemployment and the banks had closed their doors to their customers, But today things appear better as a commodities boom raises Argentina’s boat. It was a crisis similar in many ways to the one now swamping parts of Europe – so Global Business asks whether Argentina has any lessons for the likes of Greece and Italy. Producer: Richard Berenger Editor: Stephen Chilcott
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1 ebb | |
vi.衰退,减退;n.处于低潮,处于衰退状态 | |
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2 chaos | |
n.混乱,无秩序 | |
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3 rampant | |
adj.(植物)蔓生的;狂暴的,无约束的 | |
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