equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in …

for Argentina in the period 1875-2006. There are two conclusions: a) the welfare cost of Argentine risk has been huge: for …

equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in …

I examine the contribution of institutional breakdowns to long-run development, drawing on Argentina’s unique departure … counterfactual scenario to examine the path of Argentina’s long-run development in the absence of breakdowns, assuming it would … follow the institutional trends in countries at parallel stages of development. Drawing on Argentina’s large historical …