Inflation, stabilization, growth in Argentina : a CGE approach : economic successes and problems under the convertibility law /

This paper reports the results of simulation experiments which were conducted by using a CGE model of Argentina. The results suggest that: the economy could not have been stabilized by using the preannouneed devaluation rate during 1978-81; economic perfor- mance could have improved in 1985-89 under...

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Detalles Bibliográficos
Autor principal: Wang, Baotai
Otros Autores: Klein, Erwin
Formato: Libro
Idioma:Inglés
Publicado: Buenos Aires : Universidad Torcuato Di Tella, 1995.
Colección:Economía. Seminarios ; 11
Materias:
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100 1 |a Wang, Baotai.  |9 69478 
245 1 0 |a Inflation, stabilization, growth in Argentina :  |b a CGE approach : economic successes and problems under the convertibility law /  |c by Baotai Wang and Erwin Klein. 
260 |a Buenos Aires :  |b Universidad Torcuato Di Tella,  |c 1995. 
300 |a 37 p. :  |b graf. ;  |c 22 cm. 
490 0 |a Economía.  |a Seminarios ;  |v 11 
504 |a Incluye referencias bibliográficas (p. 18-19) 
520 3 |a This paper reports the results of simulation experiments which were conducted by using a CGE model of Argentina. The results suggest that: the economy could not have been stabilized by using the preannouneed devaluation rate during 1978-81; economic perfor- mance could have improved in 1985-89 under a modified Austral plan but, with the altered structure, there would still be a severe currency appreciation; and the Convertibility Law based programme is very successful in arresting inflation and eliminating a budget deficit, though it is not free from side effects such as money supply shortages and high interest rates. 
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