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MercoPress, en Español

Montevideo, November 24th 2024 - 14:19 UTC

Stories for October 3rd 2019

  • Thursday, October 3rd 2019 - 08:52 UTC

    The IMF after Argentina

    IMF staff know very well that countries with a history of serial default, such as Argentina and Venezuela, ride a slippery slope in debt markets

    By Kenneth Rogoff (*) - It’s high time to ask how to refocus the International Monetary Fund’s mandate for dealing with emerging-market debt crises. How can the IMF be effective in helping countries regain access to private credit markets when any attempt to close unsustainable budget deficits is labeled austerity?

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