Argentina: Debt and Macroeconomic Instability

Rüdiger Dornbusch and Juan de Pablo (depablo43@hotmail.com)

No 2378, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: The paper reviews the Argentine debt experience in the past ten years. The emphasis is on the interaction between relative prices, financial instability, budget .deficits, inflation and debt accumulation. A longer run perspective shows that the continuing fiscal problems have stood in the way of investment and growth.

Date: 1987-09
Note: ITI IFM
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Citations: View citations in EconPapers (7)

Published as Developing Country Debt and the World Economy, edited by Jeffrey D. Sachs, Chicago: The University of Chicago Press, 1989.
Published as Debt and Macroeconomic Instability in Argentina , Rudiger Dornbusch, Juan Carlos de Pablo. in Developing Country Debt and the World Economy , Sachs. 1989

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