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"We study an economy in which policymakers of different types (patient vs. impatient) alternate in power. Our framework builds on the model used in recent quantitative studies of sovereign default. We show that a default episode may be triggered by a change in the type in office, from a patient...
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In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example - both … by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive …
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This paper discusses Argentina's economic developments and policies in the past 10 years. Argentina was recovering … environment foreseen at the time of the 2006 Article IV consultation with Argentina did not anticipate two major events that, in … hindsight, turned out to be critical for the performance of the global economy, and Argentina, in the following years: global …
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This paper presents an overview of Argentina's economic developments in the past 10 years. Argentina's impressive …, the dispute with holdout creditors continued to impede Argentina's access to international capital markets. The …
Persistent link: https://www.econbiz.de/10011460278
its 2002 financial crisis, Argentina experienced a strong economic recovery, helped by an expansionary policy stance, an …
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