Argentina 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Argentina

An inherited legacy of imbalances. Upon taking office in December last year, Argentina’s new government faced pervasive macroeconomic imbalances, microeconomic distortions, and a weakened institutional framework. These encompassed unsustainably high consumption levels, historically low levels of inv...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund Western Hemisphere Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02661nmm a2200601 u 4500
001 EB001309568
003 EBX01000000000000000894180
005 00000000000000.0
007 cr|||||||||||||||||||||
008 161223 ||| eng
020 |a 9781475552621 
245 0 0 |a Argentina  |b 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Argentina 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2016 
300 |a 93 pages 
651 4 |a Argentina 
653 |a Inflation 
653 |a Public debt 
653 |a Tariff 
653 |a Tariffs 
653 |a Pension spending 
653 |a International Trade Organizations 
653 |a Social Security and Public Pensions 
653 |a Public finance & taxation 
653 |a Monetary economics 
653 |a Currency; Foreign exchange 
653 |a Taxes 
653 |a Trade Policy 
653 |a Deflation 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Fiscal Policy 
653 |a Debt 
653 |a Fiscal policy 
653 |a International economics 
653 |a Expenditure 
653 |a Sovereign Debt 
653 |a Foreign Exchange 
653 |a Price Level 
653 |a Currencies 
653 |a Pensions 
653 |a Prices 
653 |a Macroeconomics 
653 |a Taxation 
653 |a Public Finance 
653 |a Foreign exchange 
710 2 |a International Monetary Fund  |b Western Hemisphere Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781475552621.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2016/346/002.2016.issue-346-en.xml?cid=44386-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a An inherited legacy of imbalances. Upon taking office in December last year, Argentina’s new government faced pervasive macroeconomic imbalances, microeconomic distortions, and a weakened institutional framework. These encompassed unsustainably high consumption levels, historically low levels of investment, and large fiscal deficits financed by money creation, which led to high inflation. Distortions at the micro level included an extensive network of administrative controls (for example, trade barriers, foreign exchange restrictions, and price controls) and a business environment that eroded competitiveness and undermined medium-term growth. There was also an important weakening of the institutional framework for economic policymaking, perhaps most evident in the loss of credibility of the national statistics agency