publication . Article . 2018

International Monetary Fund’s intervention during crisis in emerging countries. Case study of Argentina

ANDRONIC (BRĂTULESCU) Maria Letiția;
Open Access English
  • Published: 01 Jan 2018 Journal: Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences (issn: 2065-2194, eissn: 2065-2194, Copyright policy)
  • Publisher: Transilvania University Press
Abstract
We addressed the theme of the IMF’s intervention in Argentina because we found it challenging to discover how an emerging state with potential could have passed through all economic phases in just a few years. First, the empirical analysis proved that the continuous involvement of international organizations does not always have positive effects. This study aims to analyse the external debt, a cause of the economic collapse of 1998-2002, and what the authorities should had done to stop it. Second, in order to highlight the reasons why not only the right measures were taken, we applied an econometric model with four exogenous variables for 1987-2015. The external...
Subjects
free text keywords: external debt, financial crisis, IMF intervention, emerging economies, Argentina, Economic theory. Demography, HB1-3840, Economics as a science, HB71-74
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