Argentina : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

December 1, 1995

Summary:

This paper describes economic developments in Argentina during the 1990s. Since the implementation of the Convertibility Plan in early 1991, real GDP grew by more than 7 percent a year (or by a cumulative 35 percent over the years 1991–94), after stagnating for more than a decade. At the same time, consumer price inflation, which had peaked at 3,000 percent in 1989, declined to 4 percent (average) in 1994. Gross fixed investment recovered to nearly 20 percent of GDP by 1994, reflecting a real growth rate of 22 percent a year during the period.

Series:

Country Report No. 95/110

Subject:

Notes:

This paper on recent economic developments was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Argentina, or the Executive Board of the IMF. In releasing this document for public use, confidential material has been removed at the request of the member.

English

Publication Date:

December 1, 1995

ISBN/ISSN:

9781451801255/1934-7685

Stock No:

1ARGEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

108

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