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Museum Of Foreign Debt
The Museum of Foreign Debt ( es, Museo de la Deuda Externa) was opened on April 28, 2005, in Buenos Aires, Argentina. The museum highlights the dangers of borrowing money from abroad. There are no English translations in the museum, everything is in the Spanish language. The 1998–2002 Argentine great depression that drove the 2001 riots in Argentina prompted the largest foreign debt default in history – approximately $100 billion USD. The museum is located at the Faculty of Economic Sciences of the University of Buenos Aires, and shows the debt's history, how it grew, and the responsible parties for each action since the first attempt of independence in 1810. The museum has no entrance fee. See also *Economy of Argentina External linksClarin newspaper (Spanish)BBC(Spanish)Nunca Más (Never Again). The Museum of Foreign Debt Finnegan, Brian. The Public Historian. Santa Barbara Vol. 28, Iss. 2, (Spring 2006): 113-117. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buenos Aires
Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South America's southeastern coast. "Buenos Aires" can be translated as "fair winds" or "good airs", but the former was the meaning intended by the founders in the 16th century, by the use of the original name "Real de Nuestra Señora Santa María del Buen Ayre", named after the Madonna of Bonaria in Sardinia, Italy. Buenos Aires is classified as an alpha global city, according to the Globalization and World Cities Research Network (GaWC) 2020 ranking. The city of Buenos Aires is neither part of Buenos Aires Province nor the Province's capital; rather, it is an autonomous district. In 1880, after decades of political infighting, Buenos Aires was federalized and removed from Buenos Aires Province. The city limits were enlarged to include t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world. It shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a federal state subdivided into twenty-three provinces, and one autonomous city, which is the federal capital and largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a federal system. Argentina claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, and a part of Antarctica. The earliest recorded human prese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Museum
A museum ( ; plural museums or, rarely, musea) is a building or institution that cares for and displays a collection of artifacts and other objects of artistic, cultural, historical, or scientific importance. Many public museums make these items available for public viewing through exhibits that may be permanent or temporary. The largest museums are located in major cities throughout the world, while thousands of local museums exist in smaller cities, towns, and rural areas. Museums have varying aims, ranging from the conservation and documentation of their collection, serving researchers and specialists, to catering to the general public. The goal of serving researchers is not only scientific, but intended to serve the general public. There are many types of museums, including art museums, natural history museums, science museums, war museums, and children's museums. According to the International Council of Museums (ICOM), there are more than 55,000 museums in 202 countrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998–2002 Argentine Great Depression
The Argentine Great Depression was an economic depression in Argentina, which began in the third quarter of 1998 and lasted until the second quarter of 2002. It followed the fifteen years stagnation and a brief period of free-market reforms. The depression, which began after the Russian and Brazilian financial crises, caused widespread unemployment, riots, the fall of the government, a default on the country's foreign debt, the rise of alternative currencies and the end of the peso's fixed exchange rate to the US dollar. The economy shrank by 28 percent from 1998 to 2002. In terms of income, over 50 percent of Argentines lived below the official poverty line and 25 percent were indigent (their basic needs were unmet); seven out of ten Argentine children were poor at the depth of the crisis in 2002. By the first half of 2003, however, GDP growth had returned, surprising economists and the business media, and the economy grew by an average of 9% for five years. Argentina's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
December 2001 Riots (Argentina)
December is the twelfth and final month of the year in the Julian and Gregorian calendars and is also the last of seven months to have a length of 31 days. December got its name from the Latin word ''decem'' (meaning ten) because it was originally the tenth month of the year in the calendar of Romulus which began in March. The winter days following December were not included as part of any month. Later, the months of January and February were created out of the monthless period and added to the beginning of the calendar, but December retained its name. Macrobius, '' Saturnalia'', tr. Percival Vaughan Davies (New York: Columbia University Press, 1969), book I, chapters 12–13, pp. 89–95. In Ancient Rome, as one of the four Agonalia, this day in honour of Sol Indiges was held on December 11, as was Septimontium. Dies natalis (birthday) was held at the temple of Tellus on December 13, Consualia was held on December 15, Saturnalia was held December 17–23, Opiconsivia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faculty Of Economic Sciences, University Of Buenos Aires
The Faculty of Economic Sciences ( es, Facultad de Ciencias Económicas; FCE), also simply known as Económicas, is a faculty of the University of Buenos Aires (UBA), the largest university in Argentina. Established in 1913 as the Instituto de Altos Estudios Comerciales, it is now the largest faculty within UBA, with over 36,000 grad students. The Faculty of Economic Sciences has the highest rate of international postgraduate students at 30 percent, in line with its reputation as a "top business school with significant international influence." The faculty has its seat on a Neoclassical building on Avenida Córdoba, one of the main thoroughfares of Buenos Aires. The building was designed by Francisco Tamburini in 1908, and originally also housed the Faculty of Medicine. The building faces Plaza Bernardo Houssay, opposite of which is the new seat of the Faculty of Medicine, the Hospital de Clínicas, and a number of other UBA dependencies. History The Faculty of Economic Sciences ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Buenos Aires
The University of Buenos Aires ( es, Universidad de Buenos Aires, UBA) is a public university, public research university in Buenos Aires, Argentina. Established in 1821, it is the premier institution of higher learning in the country and one of the most prestigious universities of Ibero-America. It has educated 17 President of Argentina, Argentine presidents, produced four of the country's five Nobel Prize laureates, and is responsible for approximately 40% of the country's research output. The ''QS World University Rankings'' currently places the UBA at number 67, the highest ranking university in the Spanish-speaking world. The university's academic strength and regional leadership make it attractive to many international students, especially at the postgraduate level. Just over 4 percent of undergraduates are foreigners, while 15 percent of postgraduate students come from abroad. The Faculty of Economic Sciences, University of Buenos Aires, Faculty of Economic Sciences has t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
May Revolution
The May Revolution ( es, Revolución de Mayo) was a week-long series of events that took place from May 18 to 25, 1810, in Buenos Aires, capital of the Viceroyalty of the Río de la Plata. This Spanish colony included roughly the territories of present-day Argentina, Bolivia, Paraguay, Uruguay, and parts of Brazil. The result was the removal of Viceroy#Spanish Empire, Viceroy Baltasar Hidalgo de Cisneros and the establishment of a local government, the Primera Junta (''First Junta''), on May 25. The May Revolution was a direct reaction to Peninsular War, Napoleon's invasion of Spain. In 1808, King Ferdinand VII of Spain Abdications of Bayonne, abdicated in favor of Napoleon, who granted the throne to his brother, Joseph Bonaparte. A Supreme Central and Governing Junta of the Kingdom (Spain), Supreme Central Junta led resistance to Joseph's government and the French occupation of Spain, but eventually suffered Peninsular War#Corunna campaign, 1808–1809, a se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Argentina
The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources. Argentina's economic performance has historically been very uneven, with high economic growth alternating with severe recessions, particularly since the late twentieth century. Income maldistribution and poverty have increased since this period. Early in the twentieth century, Argentina had one of the ten highest per capita GDP levels globally. It was on par with Canada and Australia, and had surpassed both France and Italy. Argentina's currency declined by about 50% in 2018 to more than 38 Argentine pesos per U.S. Dollar. As of that year, it is under a stand-by program from the International Monetary Fund. In 2019, the currency fell further by 25%. In 2020, it fell by 90%, in 2021, 68%, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Museums Of Economics
A museum ( ; plural museums or, rarely, musea) is a building or institution that cares for and displays a collection of artifacts and other objects of artistic, cultural, historical, or scientific importance. Many public museums make these items available for public viewing through exhibits that may be permanent or temporary. The largest museums are located in major cities throughout the world, while thousands of local museums exist in smaller cities, towns, and rural areas. Museums have varying aims, ranging from the conservation and documentation of their collection, serving researchers and specialists, to catering to the general public. The goal of serving researchers is not only scientific, but intended to serve the general public. There are many types of museums, including art museums, natural history museums, science museums, war museums, and children's museums. According to the International Council of Museums (ICOM), there are more than 55,000 museums in 202 count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The debt may be owed by sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity. The term can also be used metaphorically to cover moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person. Etymology The English term "debt" was first used in the late 13th century. The term "debt" comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Museums In Buenos Aires
A museum ( ; plural museums or, rarely, musea) is a building or institution that cares for and displays a collection of artifacts and other objects of artistic, cultural, historical, or scientific importance. Many public museums make these items available for public viewing through exhibits that may be permanent or temporary. The largest museums are located in major cities throughout the world, while thousands of local museums exist in smaller cities, towns, and rural areas. Museums have varying aims, ranging from the conservation and documentation of their collection, serving researchers and specialists, to catering to the general public. The goal of serving researchers is not only scientific, but intended to serve the general public. There are many types of museums, including art museums, natural history museums, science museums, war museums, and children's museums. According to the International Council of Museums (ICOM), there are more than 55,000 museums in 202 countries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
