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Inflation in Argentina: Stop and Go Since the Austral Plan
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Inflation in Argentina: Stop and Go Since the Austral Plan
Kiguel, 1989.
Why did the Austral plan fail to curb inflation on a sustained basis? Sophistication in the design of a stabilization program is no substitute for addressing fundamental imbalances, contends the author - and price controls, improperly used, can make the problem worse.
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