by Summary:
Argentina's peso depreciated significantly after the primary elections last month, with the clear victory of the opposition. The crisis has come full circle now with the re-imposition of capital controls, and with the default on domestic bonds, the latter a puzzling and clearly unnecessary measure, since it was in domestic currency (Standard & Poor's says it's a selective default, whatever that means, and Fitch called it a restricted default). So here a few things that might be useful to understand what is going on.... Naked Keynesianism — Hemlock for economics studentsSome brief thoughts on Argentina's ongoing crisis and the IMF's role in itMatias Vernengo | Associate Professor of Economics, Bucknell University
Topics:
Mike Norman considers the following as important: Argentina, IMF
This could be interesting, too:
Argentina's peso depreciated significantly after the primary elections last month, with the clear victory of the opposition. The crisis has come full circle now with the re-imposition of capital controls, and with the default on domestic bonds, the latter a puzzling and clearly unnecessary measure, since it was in domestic currency (Standard & Poor's says it's a selective default, whatever that means, and Fitch called it a restricted default). So here a few things that might be useful to understand what is going on.... Naked Keynesianism — Hemlock for economics studentsSome brief thoughts on Argentina's ongoing crisis and the IMF's role in itMatias Vernengo | Associate Professor of Economics, Bucknell University
Topics:
Mike Norman considers the following as important: Argentina, IMF
This could be interesting, too:
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Argentina's peso depreciated significantly after the primary elections last month, with the clear victory of the opposition. The crisis has come full circle now with the re-imposition of capital controls, and with the default on domestic bonds, the latter a puzzling and clearly unnecessary measure, since it was in domestic currency (Standard & Poor's says it's a selective default, whatever that means, and Fitch called it a restricted default). So here a few things that might be useful to understand what is going on....Naked Keynesianism — Hemlock for economics students
Some brief thoughts on Argentina's ongoing crisis and the IMF's role in it
Matias Vernengo | Associate Professor of Economics, Bucknell University