Convertibility and the banking system in Argentina

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(61/97)
cepal.docTypeRevistas
cepal.idSade19940
cepal.topicEngFINANCING AND EXTERNAL DEBT
cepal.topicSpaFINANCIAMIENTO Y DEUDA EXTERNA
cepal.workareaEngSTATISTICS
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorCalcagno, Alfredo Fernando
dc.coverage.spatialEngARGENTINA
dc.coverage.spatialSpaARGENTINA
dc.date.accessioned2014-01-02T18:41:46Z
dc.date.available2014-01-02T18:41:46Z
dc.date.issued1997-04
dc.descriptionIncludes bibliography
dc.description.abstractThe system of currency convertibility has shown that it is effective in overcoming inflation in Argentina, but its capacity for supporting a stable growth process and acting as a monetary and exchange-rate system which does not involve intervention and heavy costs on the part of the State is currently being questioned. The present article deals with this aspect on the basis of an analysis of the 1991-1995 period and identifies some key features of the functioning of the system: its reactions to movements of foreign capital; its interrelations with the domestic banking system; the extent to which it is capable of operating automatically without any need for a lender of last resort, as claimed in the theory on which it is based; and the degree to which the currency issued really has effective backing to ensure its convertibility.
dc.formatTexto
dc.format.extentpáginas. 63-90
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.1955-P
dc.identifier.urihttps://hdl.handle.net/11362/10589
dc.language.isoeng
dc.physicalDescriptionp. 63-90
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo61
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngBANKING SYSTEMS
dc.subject.unbisEngBANKING
dc.subject.unbisEngBUDGET DEFICITS
dc.subject.unbisEngCENTRAL BANKS
dc.subject.unbisEngCURRENCY CONVERTIBILITY
dc.subject.unbisEngEXTERNAL DEBT
dc.subject.unbisEngFOREIGN EXCHANGE RATES
dc.subject.unbisEngINTEREST RATES
dc.subject.unbisEngLOANS
dc.subject.unbisEngMONETARY POLICY
dc.subject.unbisSpaBANCOS CENTRALES
dc.subject.unbisSpaCONVERTIBILIDAD DE LA MONEDA
dc.subject.unbisSpaDEFICIT PRESUPUESTARIO
dc.subject.unbisSpaDEUDA EXTERNA
dc.subject.unbisSpaOPERACIONES BANCARIAS
dc.subject.unbisSpaPOLITICA MONETARIA
dc.subject.unbisSpaPRESTAMOS
dc.subject.unbisSpaSISTEMAS BANCARIOS
dc.subject.unbisSpaTASAS DE INTERES
dc.subject.unbisSpaTIPOS DE CAMBIO
dc.titleConvertibility and the banking system in Argentina
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublication78560ab1-0fc3-4de3-8651-9dbf6184f18e
relation.isAuthorOfPublication.latestForDiscovery78560ab1-0fc3-4de3-8651-9dbf6184f18e
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