Hyperinflation, Currency Board, and Bust

This book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina’s high and hyperinflation during the 1980s are analysed, and the theory of curren...

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מחבר ראשי: Maute, Jutta
פורמט: Online
שפה:אנגלית
יצא לאור: Peter Lang International Academic Publishers 2021
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גישה מקוונת:1003220
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author Maute, Jutta
author_browse Maute, Jutta
author_facet Maute, Jutta
author_sort Maute, Jutta
collection Directory of Open Access Books
description This book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina’s high and hyperinflation during the 1980s are analysed, and the theory of currency boards is expounded. The stabilisation tool, an institutionally highly credible currency board arrangement (CBA), though highly effective, could not be an optimal long-term solution, given the country’s structural and trade characteristics. The analysis of the causes of the CBA’s collapse yields a complex picture of interacting factors, among them invaliding ones that had created multiple vulnerabilities over years, and triggering ones that unfolded their worst potential in meeting such vulnerable conditions.
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spelling doab-20.500.12854ir-326642025-07-30T10:21:28Z Hyperinflation, Currency Board, and Bust Maute, Jutta Argentina Argentinien Board Bust Case Currency Currency Board Fixed Exchange Rates Geschichte 1980-2002 Hyperinflation Hyperinflation IMF Inflation IWF Konvertierbarkeit Maute Währung Washington Consensus Wechselkurs thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy This book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina’s high and hyperinflation during the 1980s are analysed, and the theory of currency boards is expounded. The stabilisation tool, an institutionally highly credible currency board arrangement (CBA), though highly effective, could not be an optimal long-term solution, given the country’s structural and trade characteristics. The analysis of the causes of the CBA’s collapse yields a complex picture of interacting factors, among them invaliding ones that had created multiple vulnerabilities over years, and triggering ones that unfolded their worst potential in meeting such vulnerable conditions. 2021-02-10T12:58:18Z 2019-01-10 23:55 2020-01-16 13:07:42 2020-04-01T11:25:35Z 2018 book 1003220 OCN: 1082957316 http://library.oapen.org/handle/20.500.12657/26825 9783631754474 https://directory.doabooks.org/handle/20.500.12854/32664 eng Hohenheimer volkswirtschaftliche Schriften open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/26825/1/1003220.pdf https://library.oapen.org/bitstream/20.500.12657/26825/1/1003220.pdf https://library.oapen.org/bitstream/20.500.12657/26825/1/1003220.pdf https://library.oapen.org/bitstream/20.500.12657/26825/1/1003220.pdf https://library.oapen.org/bitstream/20.500.12657/26825/1/1003220.pdf Peter Lang International Academic Publishers 10.3726/b13965 10.3726/b13965 44a712f0-ee17-4c08-a667-46effed595e7 9783631754474 290 Bern open access
spellingShingle Argentina
Argentinien
Board
Bust
Case
Currency
Currency Board
Fixed Exchange Rates
Geschichte 1980-2002
Hyperinflation
Hyperinflation
IMF
Inflation
IWF
Konvertierbarkeit
Maute
Währung
Washington Consensus
Wechselkurs
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
Maute, Jutta
Hyperinflation, Currency Board, and Bust
title Hyperinflation, Currency Board, and Bust
title_full Hyperinflation, Currency Board, and Bust
title_fullStr Hyperinflation, Currency Board, and Bust
title_full_unstemmed Hyperinflation, Currency Board, and Bust
title_short Hyperinflation, Currency Board, and Bust
title_sort hyperinflation currency board and bust
topic Argentina
Argentinien
Board
Bust
Case
Currency
Currency Board
Fixed Exchange Rates
Geschichte 1980-2002
Hyperinflation
Hyperinflation
IMF
Inflation
IWF
Konvertierbarkeit
Maute
Währung
Washington Consensus
Wechselkurs
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
topic_facet Argentina
Argentinien
Board
Bust
Case
Currency
Currency Board
Fixed Exchange Rates
Geschichte 1980-2002
Hyperinflation
Hyperinflation
IMF
Inflation
IWF
Konvertierbarkeit
Maute
Währung
Washington Consensus
Wechselkurs
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
url 1003220
work_keys_str_mv AT mautejutta hyperinflationcurrencyboardandbust