Restructuring under Radical Uncertainty: The Case of Argentina

Rodriguez, Francisco (2020): Restructuring under Radical Uncertainty: The Case of Argentina. Published in:

Abstract

Argentina’s case is symptomatic of a confidence crisis as explained by multiple equilibria models of balance of payments crises. The IMF’s debt sustainability framework should be made flexible enough to allow for welfare-improving reprofiling solutions in such cases.

• Item Type: MPRA Paper
• Language: English
• Keywords: Argentina, Debt reestructuring, Public Debt, Alberto Fernández
• Subjects: H - Public Economics > H6 - National Budget, Deficit, and Debt > H63 - Debt ; Debt Management ; Sovereign Debt

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