In 2001, what South American country defaulted on its debts as part of the worst economic crisis in its history?

During the Argentine Great Depression, which lasted from 1998 to 2002, the country had to default on its international debts, leading to a complicated debt restructuring program. Later, Argentina was able to recover somewhat, but in 2020 again defaulted by failing to pay $500 million on its due date to its creditors.

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