The paper reviews the Argentine debt experience in the past ten years. The emphasis is on the interaction between relative prices, financial instability, budget .deficits, inflation and debt accumulation. A longer run perspective shows that the continuing fiscal problems have stood in the way of investment and growth.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
2378.
Length: Date of creation: Feb 1989 Date of revision: Publication status: published relationship to a non-chapter. This should not happen. Please contact NBER. Handle: RePEc:nbr:nberwo:2378
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Velasco, Andres & Tornell, Aaron, 1990.
"Wages,Profits And Capital Flight,"
Working Papers
90-21, C.V. Starr Center for Applied Economics, New York University.
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