Marcó Del Pont: Argentina averted a full blown crisis

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Argentina has come out of the financial crisis relatively unscathed as a result of prudent economic policies and good social programs, Mercedes Marcó del Pont, the governor of the Central Bank of Argentina, said on 2 September.

"For the first time in our short- and long-term history, countries in the region, in general, and Argentina, in particular, are going through this global crisis with very low economic and social costs, without having faced a cyclical and structural external sector crisis

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