Abstract
The first important attempt to liberalize financial markets in Argentina took place between 1977 and 1981, and it was a complete failure. Throughout the 1980s, the degree of ‘financial repression’ oscillated but interest rates were basically market-determined. However, the financial system operated under important distortions related to the volatile macroeconomic environment.
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© 1998 International Development Research Centre
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Fanelli, J.M., Rozenwurcel, G., Simpson, L. (1998). Argentina. In: Fanelli, J.M., Medhora, R. (eds) Financial Reform in Developing Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26871-9_2
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DOI: https://doi.org/10.1007/978-1-349-26871-9_2
Publisher Name: Palgrave Macmillan, London
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