Restructuring under Radical Uncertainty: The Case of Argentina

Francisco Rodríguez

MPRA Paper from University Library of Munich, Germany

Abstract: Argentina’s case is symptomatic of a confidence crisis as explained by multiple equilibria models of balance of payments crises. The IMF’s debt sustainability framework should be made flexible enough to allow for welfare-improving reprofiling solutions in such cases.

Keywords: Argentina; Debt reestructuring; Public Debt; Alberto Fernández (search for similar items in EconPapers)
JEL-codes: H63 (search for similar items in EconPapers)
Date: 2020-01-16
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:105127

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