Argentina, the IMF and the WTOIn 1999, over 40,000 people came to protest in the streets outside the Seattle Conference Center, where delegates of the World Trade Organization (WTO ) and the International Monetary Fund (IMF) came to Seattle to discuss new international trade agreements. Many have come to protest not only against the WTO and IMF, but also against globalization itself; Thousands of people were protesting in favor of globalization amid growing concerns that some trade and investment measures were encroaching on national sovereignty. Everyone feared that too much power was centralized in organizations like the WTO and the IMF. Other reasons included the growing gap between rich and poor; creating harsher working conditions for women, children and disabled people; pay inequality between men and women; how a boom in stock prices has impoverished thousands of people, especially the poor and people of color, and how the benefits of social welfare, health and education have been significantly reduced. For many protesters, the Battle of Seattle was seen as a victory, as the event sparked many new discussions about anti-globalization. It got people talking about why there was so much protest against these huge international banks, and thus brought several important issues regarding globalization to the forefront of everyday conversations. However, anti-globalization has not been exclusively focused on the United States. While Seattle protesters fought for a better life, Argentina was going through a battle of its own. From 1998 to 2001, Argentina went through one of the worst economic recessions in its entire history. Over three years, the economy contracted by 28 percent and unemployment rose to 53 percent in 2001. This par...... half of the document ......icans/public/?a =Files.Serve&File_id=5fbf2f91-6cdf-4e70-8ff2-620ba901fc4cTom Miles. “WTO criticizes Argentina over trade policy and data transparency.” Reuters. http://www.reuters.com/article/2013/03/20/argentina-inflation-wto-idUSL6N0CCC9B20130320 Andrew Berg, Eduardo Borensztein “Full Dollarization: The Pros and Cons.” International Monetary Fund. http://www.imf.org/external/pubs/ft/issues/issues24/“Argentina criticizes WTO for its distorted and biased reports on world trade” MercoPress. http://en.mercopress.com/2012/07/20/argentina-blasts-wto-for-its-biased-and-tendentious-reports-on-world-trade Ngaire Woods and Domenico Lombardi. “Effective representations and coalitions within the IMF”. Global Economic Agenda.http://dspace.cigilibrary.org/jspui/bitstream/123456789/21568/1/Effective%20representation%20and%20the%20role%20of%20coalition%20within%20the%20IMF.pdf?1