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Showing 1 through 15 of 15 results

The Costs and Benefits of Various Wage Bargaining Structures: An Empirical Exploration

by Alun Thomas

A report from the International Monetary Fund.

Current Account Balance Estimates for Emerging Market Economies

by Leandro Medina Jordi Prat Alun Thomas

A report from the International Monetary Fund.

Do Debt-Service Savings and Grants Boost Social Expenditures?

by Alun Thomas

A report from the International Monetary Fund.

The Effects of Tax Wedges on Hours Worked and Unemployment in Sweden

by Alun Thomas

A report from the International Monetary Fund.

Financial Crises and Emerging Market Trade

by Alun Thomas

A report from the International Monetary Fund.

The Incidence and Effectiveness of Prior Actions in IMF-supported Programs

by Alun Thomas Uma Ramakrishnan

A report from the International Monetary Fund.

Is the Exchange Rate a Shock Absorber? The Case of Sweden

by Alun Thomas

A report from the International Monetary Fund.

Labor Market Adjustment in Canada and the United States

by Eswar S. Prasad Alun Thomas

A report from the International Monetary Fund.

Lessons from the Crisis in Argentina

by Christina Daseking Atish Ghosh Timothy Lane Alun Thomas

In 2001-02, Argentina experienced one of the worst economic crises in its history. Output fell by about 20 percent over three years, inflation reignited, the government defaulted on its debt, the banking system was largely paralysed. In the early months of 2003, the economy began to recover, but there remained a long road back to sustained growth and stability. This paper examines the origins of the crisis and its evolution until early 2002. It analyses the economic forces, including a prolonged recession, leading up to the crisis and draws general policy lessons, both for countries' efforts to prevent such crises, and for the IMF's surveillance and use of its financial resources.

Showing 1 through 15 of 15 results

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