by Summary:
This was faster than even I expected (for my views on what Macri meant as soon as he was elected see this and for a more recent assessment go to this post). Let me first say that I don't think is quite like the 2001/02 crisis. It is unlikely that there will be a default anytime soon. The level of reserves is at about US$ 56 billion, and the IMF is happy to finance the very Neoliberal government of Macri (because the IMF has changed a lot, remember?). The economy with Macri has not performed very well, as expected.... Macri ran on fixing the economy.Naked KeynesianismA brief comment on the Argentinian CrisisMatias Vernengo | Associate Professor of Economics, Bucknell University
Topics:
Mike Norman considers the following as important: Argentina
This could be interesting, too:
This was faster than even I expected (for my views on what Macri meant as soon as he was elected see this and for a more recent assessment go to this post). Let me first say that I don't think is quite like the 2001/02 crisis. It is unlikely that there will be a default anytime soon. The level of reserves is at about US$ 56 billion, and the IMF is happy to finance the very Neoliberal government of Macri (because the IMF has changed a lot, remember?). The economy with Macri has not performed very well, as expected.... Macri ran on fixing the economy.Naked KeynesianismA brief comment on the Argentinian CrisisMatias Vernengo | Associate Professor of Economics, Bucknell University
Topics:
Mike Norman considers the following as important: Argentina
This could be interesting, too:
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This was faster than even I expected (for my views on what Macri meant as soon as he was elected see this and for a more recent assessment go to this post). Let me first say that I don't think is quite like the 2001/02 crisis. It is unlikely that there will be a default anytime soon. The level of reserves is at about US$ 56 billion, and the IMF is happy to finance the very Neoliberal government of Macri (because the IMF has changed a lot, remember?).
The economy with Macri has not performed very well, as expected....Macri ran on fixing the economy.
Naked Keynesianism
A brief comment on the Argentinian Crisis
Matias Vernengo | Associate Professor of Economics, Bucknell University