1 Abr 1997, 00:00 - 14 Oct 2025, 18:09
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Publicación
The system of currency convertibility has shown that it is effective in overcoming inflation in Argentina, but its capacity for supporting a stable growth process and acting as a monetary and exchange-rate system which does not involve intervention and heavy costs on the part of the State is currently being questioned. The present article deals with this aspect on the basis of an analysis of the 1991-1995 period and identifies some key features of the functioning of the system: its reactions to movements of foreign capital; its interrelations with the domestic banking system; the extent to whi…
This article aims to make a walk-through in the virtual reality of budgetary and fiscal matters in order to identify the possible degrees of freedom to achieve a higher level of convergence between the public discourse on equity and the real content of public policies aimed at that goal. To this end, the author explores possible answers to four questions: what is the current meaning of the concept of equity; how much leeway is there in the field of taxation for expanding resources and improving vertical equity; what means are there for giving priority to the objective of equity in managing pub…
1 Ago 1997, 00:00 - 14 Oct 2025, 18:10
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Publicación
This study deals with the question of macroeconomic coordination in the context of MERCOSUR, analysing the contribution that different types of nominal anchors (monetary and exchange-rate); could make to the achievement of convergence of nominal indicators and sustained economic growth. The possible gains in terms of well-being associated with policy coordination are explored, in order to make a rational evaluation of the proposals calling for greater monetary coordination. An analysis is made of the problem of selecting the nominal anchor most suitable for serving as the basis for cooperative…
1 Feb 1997, 00:00 - 14 Oct 2025, 18:04
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Publicación
La edición 1996 del Anuario estadístico de América Latina y el Caribe contiene una selección actualizada a comienzos de diciembre de las principales series estadísticas disponibles sobre la evolución económica y social de los países de la región.…