The purpose of this report is to review the achievements and challenges that the Convertibility Plan has brought to the Argentina economy over 1991-1994, and then assess prospects for economic growth in the wake of the economic turbulence that beset Latin America in 1995. The main pillars of the convertibility plan are: a) monetary reform; b) fiscal reform; c) public sector reform; d) social security reform; and e) trade reform. The report looks at each of these areas in its first chapter. The second chapter reviews the main macroeconomic implication of the convertibility plan both in its growth period (1991-94) and the crisis year of 1995. It looks at public sector performance, the federal government, capital inflows, current accounts, real exchange rates, financial market effects, monetization and dollarization, trade flow response, investment, savings, productivity, and competitiveness. The third chapter is a compendium of issues and policy recommendations to help move the economy in the desired direction.
Details
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Document Date
1996/07/12
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Document Type
Pre-2003 Economic or Sector Report
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Report Number
15402
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Volume No
2
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Total Volume(s)
2
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Country
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Region
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Disclosure Date
2010/07/01
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Doc Name
Statistical appendix
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Keywords
employment rate;unemployment rate;national account;balance of payment;census data;energy and water;study of poverty;economically active population;real exchange rate;nominal exchange rate;metropolitan area;efficient tax;base year;demographic indicator;net tax;economic sector;Executive Offices;household survey;monetary system;convertibility plan;financial asset;production indicators;manufacturing industry;domestic origin;commodity price;international economics;domestic sale;federal government;statistical appendix;poverty indicator;commodity group;Financial Sector;capital good;
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Citation
Argentina - The convertibility plan : assessment and potential prospects (Vol. 2) : Statistical appendix (English). World Development Sources, WDS 1996 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/622781468769305621/Statistical-appendix