When A Country Defaults, Who Comes Knocking?

NPR - All Things Considered

October 9, 2011

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What happens when a country chooses not to pay its debt and essentially tells its creditors to get lost, as Argentina did in 2001? "This was really a cathartic moment in the country's history," says CIGI Senior Visiting Fellow Paul Blustein,  author of And the Money Kept Rolling In (and Out): Wall Street, the IMF, and the Bankrupting of Argentina (PubblicAffairs, 2005).

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