This paper discusses Argentina's economic developments and policies in the past 10 years. Argentina was recovering rapidly from the deep economic crisis of 2002, and the authorities had adopted policies conducive to a rapid decline in unemployment and poverty, a gradual recovery of the banking...

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...

This report presents IMF staff analysis based on publicly available information through end- January 2014. Following its 2002 financial crisis, Argentina experienced a strong economic recovery, helped by an expansionary policy stance, an undervalued exchange rate, high and rising international...

Against the background of a decade of declining per-capita income and high inflation, the Article IV consultation focused on policies to begin to tackle Argentina's underlying impediments to sustained growth and low and stable inflation. Avoiding boom-bust dynamics suggests the need for greater...

An inherited legacy of imbalances. Upon taking office in December last year, Argentina's new government faced pervasive macroeconomic imbalances, microeconomic distortions, and a weakened institutional framework. These encompassed unsustainably high consumption levels, historically low levels of...

This paper discusses Argentina's investment rate which was well below the average of Latin American countries and that of a peer group of advanced and emerging market countries, with a larger gap in private investment. Raising investment prospects would be essential to boost economic activity....

This paper discusses Argentina's Fourth Review of the Stand-By Arrangement, Request for a Waivers of Applicability and Modification of Performance Criteria, and Financing Assurances Review. The report highlights that with very high inflation and an increase in gross financing needs in coming...

This paper discusses whether there is a more efficient way of taxing labor in Argentina that has a minimal cost in terms of foregone revenues. Social security contributions for dependent workers are generally high in Argentina, despite the plethora of different regimes and exceptions. A reform...

This 2017 Article IV Consultation highlights that Argentina's government has made important progress in restoring integrity and transparency in public sector operations. These policy changes have put the economy on a stronger footing and corrected many of the most urgent macroeconomic...