Argentina's post-2001 economy and the 2014 default

Carolyn Thomas and Nicolas Cachanosky

The Quarterly Review of Economics and Finance, 2016, vol. 60, issue C, 70-80

Abstract: With two sovereign debt defaults within the last thirteen years, Argentina represents an interesting example of the causes and effects of defaults by sovereign states. Argentina has had a history of economic strife for the last one hundred years, largely due to political and economic instability. This paper discusses the economics of Argentina after the 2001 financial crisis that led to the default in 2014. The paper also explains the main legal aspects for the holdouts versus the Argentina trial over the pari passu controversy and discusses the different reactions to the trial and consequent default.

Keywords: Argentina; Default; E65; N16 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1062976915000848
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:quaeco:v:60:y:2016:i:c:p:70-80

DOI: 10.1016/j.qref.2015.08.002

Access Statistics for this article

The Quarterly Review of Economics and Finance is currently edited by R. J. Arnould and J. E. Finnerty

More articles in The Quarterly Review of Economics and Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().