Néstor Kirchner

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    This became the worst economic, social, and political crisis in Argentina’s history. The President at the time, Adolfo Rodriguez, declared a default on the government 's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo Duhalde, announced an end to the peso 's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of the country was below the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the next six years, taking advantage of previously idled industrial capacity and labor. In 2007, new president, Nestor Kirchner, put price restraints on businesses, and export taxes. Later in 2007, Cristina Fernandez de Kirchner succeeded her husband as president. The country had seen an economic growth, but it began to slow the following year as government policies held back exports and the world economy fell into recession. In 2010, the economy began to rebound, but has slowed since late 2011 even as the government continued to rely on expansionary fiscal and monetary policies, which have kept inflation in the double digits. In 2012, Argentina expanded state intervention in the economy. In May of that year, the Congress approved the nationalization of the oil company YPF from Spain 's Repsol. The government expanded formal and informal measures to restrict imports, including a requirement for…

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    rights from them. However, the threat of a military coup on the still precarious democracy of Argentina impeded further adjudication of perpetrators and made the release of captured military dictators inevitable. Nestor Kirchner’s act of public plea for forgiveness on behalf of the state introduces us into a new concept that permeates both internal conflicts, the one of Argentina and of South Africa – the concept of “dignity” . As the legal and institutional system failed to satisfy justice…

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