The Economic Troubles of Argentina: New Problems or Errors of the Past?
Monitoring of Russia's economic outlook. Moscow. IEP. 2018. No. 12, pp. 8-10
3 Pages Posted: 26 Jul 2018
Date Written: July 5, 2018
The toughening, by the central banks of developed countries, of their monetary policies has triggered a capital outflow from the developing countries. To control the inflation caused by a significantly weakened national currency, the central bank of Argentina had to sharply toughen its monetary policy.
Keywords: Economy of Argentina, Monetary Policy
JEL Classification: E31, E43, E44
Suggested Citation: Suggested Citation