Wednesday, December 01, 2010 8:00 AM
Argentina is no stranger to economic crises. In 2001, the Argentine economy hit rock bottom after a decade of aggressive free market policies, a strict exchange rate that pegged the peso to the dollar and unmet expectations of future economic growth. About 25 percent of the population was suddenly unemployed. Savings disappeared as the value of Argentina's currency plummeted, and formerly middle class people resorted to begging on the street for food. During the throes of the crisis, nearly 60 percent of Argentines were living at or below poverty level.
Less than 10 years have passed since then, and Argentines find themselves in the midst of another economic crisis after six years of unprecedented growth. The impact of the recent global economic downturn may feel mild compared to the shocking economic devastation of a few years ago, but while the onslaught of this crisis is not nearly as severe as that in 2001, Argentine women now face a new set of difficulties.
Friday, October 15, 2010 12:00 AM
New research suggests that Costa Rican women have been more affected by the global economic crisis than men. Unemployment, discrimination, and underreporting of work are all challenges facing Costa Rican women in this recovery, says Professor Maria Florez-Estrada Pimentel, a professor and researcher at the University of Costa Rica and Technical Coordinator of the Agenda Económica de las Mujeres UNIFEM Program. In the following interview, Pimentel explains these challenges and discusses why she is nevertheless optimistic about the economic future of Costa Rican women.