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Argentina - From insolvency to growth (English)

The Argentine government which took office in 1989 enacted a series of structural reforms that recast the foundations of public finance. This study discusses the changes and the progress made in improving Argentina's growth over the three years. The report discusses the challenges for the government to maintain balance in public finances for continued price stability and economic expansion. Weaknesses still remain in social security, provinical finances, health insurance, and defense expenditures, which pose a threat to fiscal balance. The government is aware of these weaknesses and is planning to consolidate the reforms already underway. Each chapter in the study reviews the major problems in the specific sector discussed. The report also projects revenues, expenditures and financing to the year 2000, indicates areas of uncertainty, and quantifies the fiscal impact of its recommendations.




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Argentina - From insolvency to growth (English). A World Bank country study Washington, D.C. : World Bank Group.