The Paris Club and the Fund: Parallel Lives

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The Paris Club and the Fund: Parallel Lives

Second week
May 2021

Argentina is trying not to default with the Paris Club. That is good news because it implies that at the end of the day there is an interest in maintaining a certain reputation. The agreement with the Club is not easy. It does not have the institutional framework of the Monetary Fund or the World Bank. It is not in fact a multilateral body.