Tags. Competitiveness
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12 de abril de 2013
Monytor Semanal No 58 - 12 de abril de 2013
Resumen semanal de las principales novedades monetarias y financieras de Argentina y el mundo.
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16 de septiembre de 2011
A Euro Exit: Lessons from Argentina’s Economic Crisis
Because the European crisis is both financial and real, any solution that focuses solely on debt restructuring (either through a bailout or a default) is likely to be insufficient if it is not complemented with a plan to recover price competitiveness. An “internal devaluation” (a big wage cut) looks politically unfeasible and economically self-defeating. Hence, the growing debate over a euro exit that promises to boost external demand while avoiding painful nominal cuts.
The Brookings Institution
Two Versions of the European Debt CrisisProject Syndicate
Keep the IMF Out of EuropeThe Greek Debt Crisis in the Latin American Mirror
Varieties of internal devaluation: Peripheral Europe in the Argentine mirror
Project Syndicate
Latin America’s Middle-Class MirageBloomberg
Default a World Away Has a Greek Lesson
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