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Argentina One Year On: From a Monetary Crisis to a Financial Crisis

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Author Info
Jerome Sgard
Abstract

In the months which followed the exit from the currency board, the Argentine economy was confronted with a major monetary crisis, menacing the survival of its national currency. The strategy to “pesify” the economy, which was decided in February 2002, has succeeded technically. In particular, the slowing of inflation reveals a considerable adjustment of relative prices, which should support the development of the export sector.

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File URL: http://www.cepii.fr/anglaisgraph/publications/lettre/summary/2002/let218ang.htm
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Publisher Info
Article provided by CEPII research center in its journal La Lettre du CEPII.

Volume (Year): (2002)
Issue (Month): 218 (December)
Pages:
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Handle: RePEc:cii:cepill:2002-218

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Related research
Keywords: crisis; banking system; system of payments; monetary system; exchange rate policy; corporate finance; bankruptcy;

Find related papers by JEL classification:
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
G30 - Financial Economics - - Corporate Finance and Governance - - - General
G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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This page was last updated on 2009-12-17.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.