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Argentina: Third Review Under the Stand-By Arrangement, Request for Waivers and Modification of the Program

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  • International Monetary Fund

Abstract

In 2000, economic activity declined by 0.5 percent, reflecting an 8 percent drop in investment spending. All rated banks, many corporate, several provinces, and the city of Buenos Aires were also downgraded on concerns about growth and the difficult fiscal situation. The performance in regard to structural reforms under the program was uneven. The authorities designed and started the national tax audit plan. Consumer prices are likely to remain broadly unchanged reflecting the still large output gap and the continued high unemployment.

Suggested Citation

  • International Monetary Fund, 2001. "Argentina: Third Review Under the Stand-By Arrangement, Request for Waivers and Modification of the Program," IMF Staff Country Reports 2001/090, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2001/090
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    Citations

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    Cited by:

    1. Ana Corbacho & Mercedes Garcia‐Escribano & Gabriela Inchauste, 2007. "Argentina: Macroeconomic Crisis and Household Vulnerability," Review of Development Economics, Wiley Blackwell, vol. 11(1), pages 92-106, February.
    2. Kurt Schuler, 2005. "Ignorance and Influence: U.S. Economists on Argentina's Depression of 1998–2002," Econ Journal Watch, Econ Journal Watch, vol. 2(2), pages 234-278, August.

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