Search results
1 – 9 of 9
ARGENTINA: Economic package will bring near-term pain
Details
DOI: 10.1108/OXAN-ES283979
ISSN: 2633-304X
Keywords
Geographic
Topical
Domestic tourism has started to recover from the pandemic due to the weak currency and PREVIAJE, a government-sponsored programme. The rebound in international tourism is lagging…
Economy Minister Nicolas Dujovne presented a bleak draft 2019 budget to Congress on September 17, overshadowed by the announcement that a federal judge had charged former…
Details
DOI: 10.1108/OXAN-DB238587
ISSN: 2633-304X
Keywords
Geographic
Topical
The 2018 currency crisis left the economy in one of the deepest downturns of the last decade, repeating the cyclical pattern in place since 2011 of one year of growth followed by…
Details
DOI: 10.1108/OXAN-DB240627
ISSN: 2633-304X
Keywords
Geographic
Topical
Outlook for the tourism sector.
Despite its commitment to a floating exchange rate, the government has been forced to prioritise exchange rate stabilisation. After the change of Central Bank (BCRA) authorities…
Details
DOI: 10.1108/OXAN-DB235980
ISSN: 2633-304X
Keywords
Geographic
Topical
Lower spending and a contraction in the monetary base have helped reduce the gap between the official and informal exchange rates and devaluation expectations. The government also…
Details
DOI: 10.1108/OXAN-DB262544
ISSN: 2633-304X
Keywords
Geographic
Topical
Finance Minister Alfonso Prat-Gay described it as "based on the truth", but it relies on several optimistic assumptions, in particular on growth and inflation rates. Government…
Details
DOI: 10.1108/OXAN-DB213692
ISSN: 2633-304X
Keywords
Geographic
Topical
According to Central Bank estimates, a trade deficit of this magnitude increases the current account deficit to around 4% of GDP, the highest in 13 years, and the third-largest…