After the Argentine government defaulted on its debt at the end of 2001, and allowed the currency to float against the dollar at the beginning of 2002, Weisbrot continued to argue against what he called harmful attempts by the IMF to influence policy in the post-default period.
Following Argentina's default on its debt in 2001 and the subsequent floating of its currency against the dollar in early 2002, Weisbrot remained critical of the International Monetary Fund's (IMF) attempts to influence policy during this time.