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This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made …-standard orthodoxy after the final suspension of convertibility in 1929. As elsewhere, fiscal policy in Argentina was conservative, and …
Persistent link: https://www.econbiz.de/10012471138
This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made …-standard orthodoxy after the final suspension of convertibility in 1929. As elsewhere, fiscal policy in Argentina was conservative, and …
Persistent link: https://www.econbiz.de/10013221515
The financial and economic crisis brings to a reconsideration of macroeconomics: as it happened in the past, after the Great Crash of 1929 as well as after the Second World War and after the collapse of the Bretton Woods system in 1971 and the subsequent oil crisis. A brief critical survey of...
Persistent link: https://www.econbiz.de/10013120079
Persistent link: https://www.econbiz.de/10012799342
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...
Persistent link: https://www.econbiz.de/10012251398
(Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In …
Persistent link: https://www.econbiz.de/10011303276
-- 11. Argentina's experience and the search for alternatives. …
Persistent link: https://www.econbiz.de/10015067765
Persistent link: https://www.econbiz.de/10001818911
Persistent link: https://www.econbiz.de/10002060831
The "Argentine disappointment"—why Argentina persistently failed to achieve sustained economic stability during the … solutions that Argentina has tried to implement such as the Caja de Conversión, the nation's first currency board which favored … many countries now using—or seriously contemplating—monetary arrangements similar to Argentina's, this important and …
Persistent link: https://www.econbiz.de/10014488224