With each passing week the feeling that the Argentine economy is approaching the one we experienced in the eighties cannot be avoided. It does not mean that the situation will be exactly the same nor...
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Fourth week
September 2021
“High-Beta” is one of the most used analogies to describe the Argentine economy. There is a mathematical reason for that. Argentina is not the economy with the worst performance in a medium-term perspective compared to a large sample of developed and emerging countries. But it does hold the gold medal in volatility: that is, the standard deviation of economic growth, which in finance is equal to a high-risk bet.