Bridging together the Middle-Income Trap (MIT) literature with the Global Value Chains (GVCs) approach may provide a more fine-grained understanding of the middle-income (MI) countries' developmental dilemmas. While the former identifies the structural challenges these countries face, the latter...

This article assesses the performance of the Economic and Social Council of Argentina (ESC-A) over its two years of activity (2021-22). Our analysis focuses on the implantation of this new forum in the hierarchical institutional framework of Argentina's economy and, following the notion of...

The Country Opinion Survey in Argentina assists the World Bank Group (WBG) in better understanding how stakeholders in Argentina perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private...

Measures of inequality typically rely on price indices formulated for a representative consumer, falsely assuming an identical consumption basket across households within the country. However, consumption patterns differ across households; hence, the changes in price levels might have different...

This paper highlights Argentina's Request for an Extended Arrangement under the Extended Fund Facility. Building on the authorities' strong track record, the arrangement supports the transition to a new phase of their stabilization and growth plan to entrench macroeconomic stability, strengthen...

This paper evaluates the long-term impact of rehabilitated irrigation canals under Argentinas PROSAP III program on vineyard productivity in San Juan province. We combine 20 years of Landsat-derived NDVI data with survey data from 299 grape producers and apply a synthetic...

How can a currency achieve more widespread international use? We study the internationalization of the Chinese renminbi (RMB) through the lens of a unique policy experiment in Argentina. In 2023, amid a severe dollar shortage, Argentina expanded a currency swap line with the People's Bank of...

According to current macroeconomic models, there is a need to maintain a natural rate of unemployment to contain inflation. Put simply, unemployment is considered an (inevitable) cost of price stability. Even some Post Keynesian economists believe the so-called balance-of-payments (BOP)...

Amidst the global ascent of financial technologies (FinTech), Argentina presents a critical case for examining how these platforms shape debt relations among marginalized households. Employing a mixed-methods approach, this article draws on quantitative data from the Central Bank of the Republic...

Money, capitalist market societies' paramount contract, relies on the belief in its enduring value. However, we still know surprisingly little about the social foundations that sustain that belief. How is our collective trust in the enduring value of money socially built, and what happens if...

The ability of countries in Latin America to achieve net zero greenhouse gas (GHG) emissions by mid-century, the target set by the Paris Agreement, will depend critically on citizen support. To gauge this support, we administered a contingent valuation survey to representative samples in seven...

Agriculture, and especially soybean production, has a critical role in Argentina's economy, as a major contributor to GDP and export revenue. This paper studies the impact of climate variability on soybean yields in Argentina using a novel department-level dataset spanning 1980-2023. We estimate...

Recent economic developments in Argentina give rise to several interesting observations about the workings and effects of economic policies. Of particular interest, of course, are the dramatic changes in inflation as a consequence of the economic policies of the newly elected President Javier...

On March 25, 2022, the IMF Executive Board approved a 30-month arrangement for Argentina supported by the Extended Fund Facility (2022 EFF). Amounting to US$44 billion (1,001 percent of quota), it was the second largest non-precautionary arrangement in the Fund's history after the 2018 Stand-by...

This study measured the individual and conjoint effects of Argentina's primaries and first- and second-voting presidential election results, as well as their post-election comparative effects, on the stock market performance of its most relevant economic sectors. Within four different estimation...

International trade increases aggregate welfare but also creates winners and losers, which makes free trade a contentious political issue. Recent research has established that individuals are more sensitive to anti-trade information about the prospect of employment loss than to pro-trade...

Argentina has been characterised for a long time by inflation, recession, poverty and failed reforms. We analyse the reforms of Javier Milei with the help of the Austrian School of Economics, German ordoliberalism and the theory of financial repression. It is shown that Milei’s reforms have...

This paper explores how job vacancy data can enhance labor market information systems (LMISs) in Argentina and Uruguay where, as in many countries, data on in-demand skills is lacking. By analyzing job postings collected over four years in Argentina and Uruguay, this study assesses the potential...

This paper examines the effects of Argentina's repeal of the rental law in December 2023, one of the most radical housing policy reforms in Latin America in recent decades. Using weekly data for Buenos Aires from 2023-2024 and applying a Regression Discontinuity Design, we provide causal...

This paper examines the effects of Argentina's repeal of the rental law in December 2023, one of the most radical housing policy reforms in Latin America in recent decades. Using weekly data for Buenos Aires from 2023-2024 and applying a Regression Discontinuity Design, we provide causal...

This paper develops a method for market definition using demand-and-supply estimations. That method is then applied to the Argentine dishwashing detergent industry, using data from the years 2022-2024. The results are compared to the ones obtained using only demand estimations, and the...

Exchange rates reflect macroeconomic fundamentals, which in turn are regime dependent. In politically unstable countries, expectations of regime change can have a significant impact on exchange rate dynamics. We exploit Argentina’s unexpected 2019 primary election results as a natural...

The paper presents a summary of decision-making in the agricultural firm. The first section includes a review of decision processes under risk. Following this, the second section presents an evaluation of the contribution to agricultural decisionmaking under risk of three important texts, the...

The book analyses the challenges and risks provoked by territorial inequalities in the internal cohesion of federal and decentralised countries. It aims to serve as a reference on the present and future of fiscal equalisation systems in the field of federal studies.

This paper examines the influence of R&D cooperation on the likelihood of obtaining technological innovations among manufacturing firms in Argentina. Using firm-level data from a national innovation survey, it distinguishes between the direct (output) and indirect (input) effects of cooperation...

This paper reviews the first phase of Argentina’s Extended Fund Facility arrangement, highlighting a strong start despite a challenging external environment. Tight macroeconomic policies have enabled a smooth transition to a more flexible exchange rate regime and the easing of foreign exchange...

Agri-food global value chains (GVCs) face growing pressure to enhance productivity and environmental sustainability, with technological innovation playing a critical role. In this context, start-ups have emerged as key innovation developers. This study provides a qualitative, exploratory...

This study investigates Argentina's unusually high and persistent goods inflation in the aftermath of the COVID-19 pandemic, using a cross-country monthly panel and a model that decomposes inflation into observable marginal costs, global price pass-through, and changing markups. We find that, at...