In 2001- 02, Argentina experienced one of the worst economic crises in its history. A default on government debt, which … economy has since recovered from the worst, the crisis has imposed hardships on the people of Argentina, and the road back to … sustained growth and stability is long. The crisis was all the more troubling in light of the fact that Argentina was widely …

This paper discusses the following issues related to the economy of Argentina: macro-financial performance and …, and financial sector development. Argentina's financial system is very small compared to countries at a similar stage of … financial markets. The banking system appears resilient to a wide range of shocks, reflecting banks' large capital and liquidity …

Argentina. The implementation of stress tests is conceptually challenging in the Argentinean context, and the results must be …, liquidity, and contagion risks. These tests suggest that most banks are in a position to withstand substantial levels of stress …

This paper discusses the financial crisis management and crisis preparedness framework of Argentina. Although Argentina … further strengthened. Although the Banco Central de la Republica de Argentina (BCRA) facilities have not been tested, they are … well-designed to manage a major banking liquidity crisis. The BCRA should work with other supervisors to monitor potential …

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 …

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 …

its 2002 financial crisis, Argentina experienced a strong economic recovery, helped by an expansionary policy stance, an …