Independent Evaluation Office Reports

The IMF and Argentina, 1991-2001

Author/Editor:

Isabelle Mateos y Lago ; Shinji Takagi ; Ricardo Martin ; Misa Takebe ; Benjamin H Cohen

Publication Date:

September 30, 2004

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report evaluates the role of the IMF in Argentina during 1991-2001, focusing particularly on the period of crisis management from 2000 until early 2002. The primary purpose of the evaluation is to draw lessons for the IMF in its future operational work. The evaluation suggests ten lessons, in the areas of surveillance and program design, crisis management, and the decision-making process, and, on the basis of these lessons, offers six sets of recommendations to improve the effectiveness of IMF policies and procedures.

Series:

Independent Evaluation Office Reports

Subject:

Exchange rate arrangements Exchange rates External debt Fiscal policy Foreign exchange Public debt