Argentina : Economic Developments; April 29, 2015.

This paper presents an overview of Argentina's economic developments in the past 10 years. Argentina's impressive growth over the past decade has been accompanied by the accumulation of a number of major vulnerabilities. Policy inconsistencies were exposed in early 2014 when mounting balan...

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التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. Western Hemisphere Dept
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2016/069
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This paper presents an overview of Argentina's economic developments in the past 10 years. Argentina's impressive growth over the past decade has been accompanied by the accumulation of a number of major vulnerabilities. Policy inconsistencies were exposed in early 2014 when mounting balance-of-payments pressures culminated in a sharp devaluation of the peso. Subsequent to the devaluation, domestic imbalances were exacerbated by a deteriorating external environment. At the same time, the dispute with holdout creditors continued to impede Argentina's access to international capital markets. The combination of weak external demand, fast eroding competitiveness, and compromised access to international capital markets fueled balance of payments pressures in 2014.
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وصف مادي:1 online resource (34 pages)
التنسيق:Mode of access: Internet
تدمد:1934-7685
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