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MercoPress, en Español

Montevideo, April 25th 2024 - 06:32 UTC

Tag: Argentina’s Eternal Debt

  • Tuesday, May 31st 2016 - 18:47 UTC

    Argentina’s Eternal Debt Problem

    Argentina’s absence from international capital markets began in 2001, when a deep economic crisis brought about the end of the decade-old Convertibility Plan

    By Carmen Reinhart (*) Argentina recently emerged from nearly 15 years of the most litigious sovereign default in modern times, if not ever. Now it has the opportunity to reenter the global financial system and build a more stable and prosperous future. It is a chance that the country must be careful not to squander.