Another Brick in the Wall

ARGENTINA - Forecast 30 Aug 2013 by Esteban Fernandez Medrano and Domingo Cavallo
Executive SummaryAmid the collateral damage from a new judicial defeat in the NY courts, this report presents our forecasts for 2013 and 2014. Our main assumption is that the government will try to navigate until 2015 without making the necessary adjustments while, at the same time, avoiding significant increases in macroeconomic imbalances.The official strategy tries to avoid both an orthodox macroeconomic adjustment as well as a crisis. Our forecasts up to 2014 suggest that it may be possible to avoid a full-fledged macroeconomic crisis.In our baseline scenario, we expect devaluation, inf...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This forecast is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This forecast is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this forecast or its contents.