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Submitted By: Anonymous on 2008-06-30
About the video: Center for Economic and Policy Research wrote: This forum, featuring Felisa Micelli and Mark Weisbrot, was organized by the Center for Economic and Policy Research and hosted by the New America Foundation. For a clearer audio recording, visit cepr.net and click on Press Center, then Events. As part of the events held in conjunction with the IMF/World Bank Spring Meetings, this forum marked the fifth anniversary of Argentina's remarkable economic growth. It has defied most experts and most of the business press since the beginning.

Four years ago, one year into the recovery, the IMF's Research Director called Argentina's growth "a hiatus at the moment from its long economic fall." Argentina has now completed five years of the fastest economic growth in the Western Hemisphere, with GDP increasing by 47 percent and more than nine million people pulled over the poverty line. Felisa Josefina Miceli, Argentina's Minister of the Economy, and Mark Weisbrot, Co-Director of the Center for Economic Policy Research, discussed the implications of Argentina's economic success and how it was made possible.

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