Argentina: Staff Report for the 2005 Article IV Consultation

International Monetary Fund

No 2005/236, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation highlights that Argentina’s economy has rebounded strongly from the financial crisis in late 2001. Reflecting buoyant domestic demand, real GDP grew close to 9 percent in both 2003 and 2004, bringing real output level back to the peak level achieved prior to the crisis. Growth has continued in the first quarter, and consumer and business confidence indicators remain at high levels. Inflation, however, has accelerated amid rising demand, increased capacity constraints, growing wage pressures, and monetary accommodation.

Keywords: ISCR; CR; government; country risk risk premium; government financing; government paper; central bank president; tax administration law; Public sector; Arrears; Fiscal stance; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 92
Date: 2005-07-18
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