LEADER 03986oam 22011174 450 001 9910155012703321 005 20250426110843.0 010 $a9781475552713 010 $a1475552718 010 $a9781475552744 010 $a1475552742 035 $a(CKB)3710000000973038 035 $a(BIP)077143738 035 $a(BIP)077138585 035 $a(IMF)1ARGEA2016007 035 $a1ARGEA2016007 035 $a(EXLCZ)993710000000973038 100 $a20020129d2016 uf 0 101 0 $aeng 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aArgentina : $e2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Argentina 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (93 p.) 225 1 $aIMF Staff Country Reports 311 08$a9781475552621 311 08$a1475552629 330 3 $aAn inherited legacy of imbalances. Upon taking office in December last year, Argentina?s new government faced pervasive macroeconomic imbalances, microeconomic distortions, and a weakened institutional framework. These encompassed unsustainably high consumption levels, historically low levels of investment, and large fiscal deficits financed by money creation, which led to high inflation. Distortions at the micro level included an extensive network of administrative controls (for example, trade barriers, foreign exchange restrictions, and price controls) and a business environment that eroded competitiveness and undermined medium-term growth. There was also an important weakening of the institutional framework for economic policymaking, perhaps most evident in the loss of credibility of the national statistics agency. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2016/346 606 $aForeign Exchange$2imf 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aTaxation$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aTrade Policy$2imf 606 $aInternational Trade Organizations$2imf 606 $aFiscal Policy$2imf 606 $aSocial Security and Public Pensions$2imf 606 $aPublic finance & taxation$2imf 606 $aPensions$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aMonetary economics$2imf 606 $aInternational economics$2imf 606 $aPublic debt$2imf 606 $aTariffs$2imf 606 $aPension spending$2imf 606 $aCurrencies$2imf 606 $aPrices$2imf 606 $aTaxes$2imf 606 $aExpenditure$2imf 606 $aDebts, Public$2imf 606 $aTariff$2imf 606 $aFiscal policy$2imf 607 $aArgentina$2imf 615 7$aForeign Exchange 615 7$aInflation 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aTaxation 615 7$aPrice Level 615 7$aDeflation 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aTrade Policy 615 7$aInternational Trade Organizations 615 7$aFiscal Policy 615 7$aSocial Security and Public Pensions 615 7$aPublic finance & taxation 615 7$aPensions 615 7$aCurrency 615 7$aForeign exchange 615 7$aMonetary economics 615 7$aInternational economics 615 7$aPublic debt 615 7$aTariffs 615 7$aPension spending 615 7$aCurrencies 615 7$aPrices 615 7$aTaxes 615 7$aExpenditure 615 7$aDebts, Public 615 7$aTariff 615 7$aFiscal policy 801 0$bDcWaIMF 906 $aBOOK 912 $a9910155012703321 996 $aArgentina$9737372 997 $aUNINA