Missed Expectations: The Argentine Convertibility
نویسندگان
چکیده
منابع مشابه
Missed Expectations: The Argentine Convertibility*
This paper studies the process that led to the Argentine crisis. The crisis is understood as a major disappointment of previous expectations, indicated by widespread insolvencies and abrupt declines in consumption. The analysis concentrates on the sequence of public and private decisions, and the varying perceptions and policy incentives that motivated them. In the nineties Argentina searched f...
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T he Argentine experiment with convertibility ended in collapse. There is no shortage of after-the-fact explanations of what went wrong, but the search for lessons presupposes that by studying the experience, analysts can gain some knowledge that was not available beforehand. Any analysis of a case like that of Argentina must address the issue of how and why agents behaved in such a way that pr...
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Nests of Argentine ants, L. humile, were exposed to pairs of foraging patches of varying quality. These patches varied from never having food to having food for 4 h every day. After 15 days, colonies were allowed an added access to a new patch. The new patch, however, never contained food. The sampling behaviour of nests towards the initial patches and the new patch suggested that the nests wer...
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Compositional design of systems on chip from preverified components helps to achieve shorter design cycles and time to market. However, the design process is affected by the issue of protocol mismatches, where two components fail to communicate with each other due to protocol differences. Convertibility verification, which involves the automatic generation of a converter to facilitate communica...
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On 24 October 1999, Fernando de la Rua of the opposition Alliance for Jobs, Justice, and Education was elected president of Argentina, defeating Eduardo Duhalde of the incumbent Justicialista (or Peronist) Party (PJ) by a margin of 49 percent to 38 percent. Former economics minister Domingo Cavallo, running on the center-right Action for the Republic party ticket, finished third with 10 percent...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2003
ISSN: 1556-5068
DOI: 10.2139/ssrn.358380