The Argentina-IMF saga's new season

The International Monetary Fund (IMF) recently approved Argentina’s 23rd loan program since 1958. Meanwhile, for the first time in history, an Argentine president is obsessed with fiscal consolidation, downsizing the state, and deregulating the economy to reestablish stability and growth.  However, Argentina and the IMF still have the complex task of sustaining disinflation, building a flexible exchange rate regime and the new monetary framework, regaining market access, building up reserves, and consolidating the political strength of those sectors that support rational economic policies in the midterm elections.

MODERATOR

Maurice Obstfeld
C. Fred Bergsten Senior Fellow, PIIE

PRESENTERS

José De Gregorio
Nonresident Senior Fellow, PIIE

Carmen M. Reinhart
Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School

Alejandro Werner
Nonresident Senior Fellow, PIIE