Argentina's problems went far beyond the absence of a strict currency board: Comment on Schuler

Argentina's problems went far beyond the absence of a strict currency board: Comment on Schuler

KURT SCHULER ARGUES MOST ECONOMISTS (MYSELF INCLUDED) failed to get the facts right. Schuler writes, "economists whose work in other areas I admire failed to do the research necessary for understanding Argentina's situation accurately. As a result their analysis was faulty" (Schuler 2...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Econ journal watch 2006-01, Vol.3 (1), p.95
1. Verfasser: Setser, Brad
Format: Artikel
Sprache:eng
Schlagworte:
Bank reserves
Central banks
Deflation
Economists
Exports
Foreign exchange rates
Recessions
Reserve requirements
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:KURT SCHULER ARGUES MOST ECONOMISTS (MYSELF INCLUDED) failed to get the facts right. Schuler writes, "economists whose work in other areas I admire failed to do the research necessary for understanding Argentina's situation accurately. As a result their analysis was faulty" (Schuler 2005, 235). This mischaracterization of Argentina's economic situation led them to prescribe inappropriate policies, not the least recommending that Argentina end its tight link to the dollar.
ISSN:1933-527X