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September 29, 2011

Lessons for Greece

The world has watched a country face default before. Mario Blejer took over the management of Argentina’s Central Bank in the midst of one of the worst economic crises the world has seen. In December 2001, Argentina defaulted on its debt and the currency lost so much value that many people saw their savings wiped out. Mario Blejer talks with Dick about what he did to turn the situation around.

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