By examining the economic crises faced by both Argentina and South Korea, policy-makers are able to predict and ideally prevent future occurrences. Determining the exact causes and effects of financial recession is difficult, but by making a comparison between two different countries it may help to avoid economic instability in the future.

Encountering financial crisis has more extensive implications than simply a collapse of the economic system. In order to successfully deal with a crisis, a state must act politically and socially as well as economically. For instance, interactions with the International Monetary Fund (IMF) require a political evaluation of the struggling nation and typically encounter some social resistance. Government actions leading up to the crisis and policies implemented as a result of the crisis are usually indicators of its severity.