Chronic disease of the Argentine economy

Occupation: Chief of the Center of Iberian Studies, Institute of Latin America, Russian Academy of Sciences, Professor of Plekhanov Russian University of Economics
Affiliation:
Center of Iberian Studies, Institute of Latin America, Russian Academy of Sciences
Plekhanov Russian University of Economics
Address: Russian Federation

Journal name

Latin America

Edition

Issue 10

Pages

10-24

Abstract

For many decades one of the urgent problems of development of the Argentine economy is high inflation, which passed many times in hyperinflation and caused heavy social and political consequences. Combating uncontrolled growth in prices has always been in the focus of attention of the Argentine authorities, but it is very rarely that anti-inflationary measures produce the desired long-term positive effects. As a result, inflation has become a veritable nightmare for the Argentines. At the present time, the growth of consumer prices is one of the main obstacles to stabilizing the economic situation in Argentina. That’s why the suppression of inflation once again occupies a central place on the agenda of the official Buenos Aires.

Keywords

Argentina, economic growth, inflation and hyperinflation, antiinflationary strategy, International Monetary Fund, stabilization programs

Received

17.10.2018

Publication date

26.10.2018

Number of characters

708

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GOST	Yakovlev P. Chronic disease of the Argentine economy // Latin America – 2018. – Issue 10 C. 10-24 [Electronic resource]. URL: https://latamerica-journal.ru/S0044748X0001037-9-1 (circulation date: 20.04.2024). DOI: 10.31857/S0044748X0001037-9
MLA	Yakovlev, Petr P "Chronic disease of the Argentine economy." Latin America 10 (2018):10-24. DOI: 10.31857/S0044748X0001037-9
APA	Yakovlev P. (2018). Chronic disease of the Argentine economy. Latin America (10), pp.10-24 DOI: 10.31857/S0044748X0001037-9

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