Argentina : Economic Developments; February 27, 2014

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

February 29, 2016

Electronic Access:

Free Full Text (PDF file size is 1147 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report presents IMF staff analysis based on publicly available information through end- January 2014. Following its 2002 financial crisis, Argentina experienced a strong economic recovery, helped by an expansionary policy stance, an undervalued exchange rate, high and rising international prices for its key exports (soy, corn), and lower debt service payments. However, in 2013, balance-of-payments pressures intensified amid continuing high inflation. Economic growth recovered in 2013, though weakened sharply in the second half of the year. Inflation remained high. Financial deepening increased somewhat and financial stability was preserved despite the high inflation and growing external imbalances. Fiscal policy in 2013 was more expansionary than in the previous year.

Series:

Country Report No. 16/68

Subject:

Notes:

Also Available in Spanish

English

Publication Date:

February 29, 2016

ISBN/ISSN:

9781498396370/1934-7685

Stock No:

1ARGEA2016005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

37

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