A Currency We Can Call Our Own: Populism, Banking Crises, and Exchange Rate Crises in Argentina, 1946-2002

The case describes Argentina's struggle to establish a credible monetary system under populist pressures and the recurrent use of exchange rate stabilization plans. It focuses on two episodes where there was "too little money" in the economy: during the hyperinflation episodes during the late 1980's-when money demand collapsed and the early 2000's when the supply of money collapsed under a hard currency peg.
Collection: HBSP (USA)
Ref: HBS-715019-E
Format: PDF
Number of pages: 30
Publication Date: Oct 31, 2014
Language: English
Review date: Feb 20, 2017

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The case describes Argentina's struggle to establish a credible monetary system under populist pressures and the recurrent use of exchange rate stabilization plans. It focuses on two episodes where there was "too little money" in the economy: during the hyperinflation episodes during the late 1980's-when money demand collapsed and the early 2000's when the supply of money collapsed under a hard currency peg.
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Geographic Setting: Argentina

A Currency We Can Call Our Own: Populism, Banking Crises, and Exchange Rate Crises in Argentina, 1946-2002

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"A Currency We Can Call Our Own: Populism, Banking Crises, and Exchange Rate Crises in Argentina, 1946-2002"