Hyperinflation, currency board, and bust : The case of Argentina /

Hyperinflation, currency board, and bust : The case of Argentina /

This book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina’s high and hyperinflation during the 1980s are analysed, and the theory of curren...

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Bibliographic Details
Main Author: Maute, Jutta
Format: eBook
Language:English
Published: Frankfurt am Main : Peter Lang, c2006
Subjects:
HIPERINFLACION > 1980-2002
POLITICA DE ESTABILIZACION
CAJA DE CONVERSION
TIPO DE CAMBIO
CONSENSO DE WASHINGTON
ARGENTINA
Online Access:https://library.oapen.org/handle/20.500.12657/26825

MARC

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520 3 |a This book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina’s high and hyperinflation during the 1980s are analysed, and the theory of currency boards is expounded. The stabilisation tool, an institutionally highly credible currency board arrangement (CBA), though highly effective, could not be an optimal long-term solution, given the country’s structural and trade characteristics. The analysis of the causes of the CBA’s collapse yields a complex picture of interacting factors, among them invaliding ones that had created multiple vulnerabilities over years, and triggering ones that unfolded their worst potential in meeting such vulnerable conditions. 
524 |a Como citar éste libro con Normas APA: Maute, J. (2006). Hyperinflation, Currency Board, and Bust: The Case of Argentina. Frankfurt am Main; Berlin; Bern; Bruxelles; New York; Oxford; Wien: Peter Lang AG. Recuperado de http://www.jstor.org/stable/j.ctv9hj953 
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650 4 |9 1150  |a CONSENSO DE WASHINGTON 
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