The article summarises the main points discussed at the seminar on "Argentina: Rise and Decline," held by the Czech Economic Society in May 2002. The keynote speaker, Jiri Jonas, an advisor to the executive director of the International Monetary Fund, summarized the Argentinean financial crisis at the end of the 1990s.
His presentation concentrated on the crisis sources and was structured in five parts: (i) introduction, (ii) the rise and decline of the Argentine economy, (iii) plan of convertibility, (iv) the Mexican economic crisis in comparison, and (v) Argentina's short recovery and subsequent new crisis.