Argentina extracted a favorable deal from the IMF but its victory could be short-lived if the country fails to address critical policy weaknesses.
Category: Argentina
The Next Paraguay
Argentine government debt negotiators now are fanning across the world in their first concerted attempt to open talks with bondholders. It is impossible to feel any sympathy for the Argentines, […]
Putting Argentina Back Together.
Argentina is close to a three year agreement with the International Monetary Fund that would open the way for a
deal with creditors owed $64 billion.What kind of deal should they expect?
Reassembling a Financial System
Uruguay’s banking system crumbled after Argentines yanked their money out.The financial authorities are left with little to fix.
The Long Road Back
Argentine banks are still suffering from weak lending, diminished asset and loan quality, and a steep decline in profitability. Deposits are growing but the banking sector’s recovery remains slow and tenuous.
ZEALOT Domingo Cavallo
It is hard to believe that the softspoken, immaculately dressed visiting professor at New York University’s Stern School of Business is Domingo Cavallo, Argentina’s former economy minister and the man […]
Argentina’s Superior Sale
In the early 1990s, Argentina was advancing boldly into the new world of free market reforms, a journey that included selling off its national oil company. At $3.04 billion, the […]
SALESMAN Miguel Kiguel
It once seemed that Argentina was firmly set on a path of growth and stability. During the bull market of the late 1990s, when investors believed that Argentina was a […]
A Cure for Argentina’s Sickness
Argentina is not on the mend. The outcome of April’s presidential elections fought with traditional weapons – populism, patronage and partisanship – holds little hope for a meaningful recovery. It […]
Cooking Up a New Solution
As Argentina gears up for negotiations with the bondholders it stiffed 18 months ago, other sovereign issuers and banks are experimenting with a new generation of bonds that could profoundly reshape the debt market for years to come.
