Princeton University Library Catalog

Argentina [electronic resource] : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Argentina.

Author:
International Monetary Fund. Western Hemisphere Dept [Browse]
Format:
Book
Language:
English
Published/​Created:
Washington, D.C. : International Monetary Fund, 2016.
Description:
1 online resource (93 p.)
Series:
IMF Staff Country Reports [More in this series]
Summary note:
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.
Source of description:
Description based on print version record.
ISBN:
  • 1475552629 :
Doi:
  • 10.5089/9781475552621.002
Related name:
Other views:
Staff view