The Coin is in the Air

ARGENTINA - Forecast 25 Nov 2014 by Esteban Fernandez Medrano and Domingo Cavallo

Executive Summary In the road toward the presidential election, an element that stands as an inflexion point is the resolution of the holdouts saga, which is keeping the Argentine Republic an outlaw of US justice and preventing access to international credit markets. How this issue is resolved will not only define the legacy for the next government, but also the way the economy will reach the presidential election. The combination of falling agriculture exports and foreign debt payments (public and private) will amount to USD 25bn in 2015. This will represent a heavy burden for the current ...

Now read on...

Register to sample a report

Register