The government's main concern is clearly the value of the market dollar; the informal, the MEP and BCS. Beyond the monetary illusion that invades society and that makes possible headlines such as "...
Debt Management: Some Reflections Based on Argentina
Papers
Back to
Back to :
Debt Management: Some Reflections Based on Argentina
Kiguel, 1998.
In most countries, the government is the largest borrower in the economy, and its decisions on debt management have significant effects on the development of the domestic capital market, the fiscal deficit and the country risk, measured as the spread of government bonds over the U.S. treasuries. The debt management strategy has important implications for the economy as whole. A good liability management strategy should result in lower borrowing costs, fluid access to the international capital markets, while minimizing any crowding out effects on private sector borrowing.
Other Reports that may be of interest
 |
 If we could go back in time and try to find a year that looks like 2023 the answer is pretty obvious: 2015. It was the last year of the Kirchner administration, which was struggling to get to... |