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Can Argentina’s Experience Help Predict the Effects of a Potential Grexit?

Author

Listed:
  • Sebastian Dullien

    (Hochschule für Technik und Wirtschaft Berlin
    European Council on Foreign Relations)

  • Martin Rapetti

    (Center for the Study of the State and Society (CEDES)
    National Scientific and Technical Research Council (CONICET))

  • Pablo Schiaffino

    (Universidad Torcuato Di Tella)

Abstract

In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example–both by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive economic recovery after its 2001-02 crisis–one that goes beyond a mere commodity boom–there are important structural differences between the two countries, which still render a potential Grexit a very risky endeavour.

Suggested Citation

  • Sebastian Dullien & Martin Rapetti & Pablo Schiaffino, 2016. "Can Argentina’s Experience Help Predict the Effects of a Potential Grexit?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(4), pages 229-236, July.
    • Handle: RePEc:spr:intere:v:51:y:2016:i:4:d:10.1007_s10272-016-0607-x
    DOI: 10.1007/s10272-016-0607-x
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