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Argentina

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by International Monetary Fund. West Dept.
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Argentina by International Monetary Fund. West Dept.

Upon taking office in December last year, Argentina's new government faced pervasive macroeconomic imbalances, microeconomic distortions, and a weakened institutional framework. These encompassed unsustainably high consumption levels, historically low levels of investment, and large fiscal deficits financed by money creation, which led to high inflation. Distortions at the micro level included an extensive network of administrative controls (for example, trade barriers, foreign exchange restrictions, and price controls) and a business environment that eroded competitiveness and undermined medium-term growth. There was also an important weakening of the institutional framework for economic policymaking, perhaps most evident in the loss of credibility of the national statistics agency.

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Ebook Details
Pages: 93
Size: 3.2 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2016
ISBN: 9781475552744 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics

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Nonfiction > Business & Economics
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Nonfiction > Business & Economics > International > Economics
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Nonfiction > Business & Economics > Development > Economic Development
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Nonfiction > Social Science > Third World Development
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03/29/2017
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