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We offer an alternative explanation for the fall of Argentina's Convertibility Program based on the country … prices is larger the more closed an economy is in terms of its supply of tradable goods. By contrasting Argentina … of 1998, we identify key vulnerability indicators that separated Argentina from its piers. We also provide an explanation …
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We offer an alternative explanation for t he fall of Argentina`s Convertibility Program based on the country … prices is larger the more closed an economy is in terms of its sup ply of tradable goods. By contrasting Argentina … of 1998, we identify key vulnerability indicators that separated Argentina from its peers. We also provide an explanation …
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