Foreign Affairs Discussion: Why is the U.S. Bailing Out Argentina?

The U.S. has typically relied on the IMF to bail out financially troubled allies, but now it’s risking its own cash to bail out Argentina, despite the $20 billion the country is already getting from the IMF. What is behind this decision? Will this generous aid succeed in putting Argentina on a firm path to recovery and growth–or does the U.S. stand to lose billions?

About the facilitator: David Cheney is an international economics writer, instructor, and trainer for international and educational institutions. He has held a variety of positions at the International Monetary Fund and has provided communications and writing support for a number of multilateral institutions including the World Bank, Inter-American Development Bank and the Asian Infrastructure Investment Bank. David has served as an adjunct professor of Global Economics and Writing at NYU and currently runs two foreign affairs discussion groups at the Manhattan JCC and Scarsdale Adult School.