Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs

This paper analyzes the effects of IMF adjustment programs implemented in Argentina for extended periods. Since joining the organization in 1956, until the last stand-by agreement in 2003, Argentina signed twenty-one agreements of strong conditionality with the IMF. And from late 1982 to December 20...

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Autor principal: Brenta, Noemí
Formato: Artículo revista
Lenguaje:Español
Publicado: Centro de Estudios Históricos Profesor Carlos S. A. Segreti 2011
Materias:
FMI
IMF
Acceso en línea:https://revistas.unc.edu.ar/index.php/anuarioceh/article/view/23018
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spelling I10-R307-article-230182021-06-01T21:54:44Z Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs Argentina y el FMI: efectos económicos de los programas de ajuste de larga duración Brenta, Noemí Argentina FMI acuerdos de giro uso prolongado de recursos del FMI Argentina IMF stand by prolonged use of IMF resources This paper analyzes the effects of IMF adjustment programs implemented in Argentina for extended periods. Since joining the organization in 1956, until the last stand-by agreement in 2003, Argentina signed twenty-one agreements of strong conditionality with the IMF. And from late 1982 to December 2001, was continually under its programs or seeking its approval. First, we review the literature on prolonged use of IMF resources and evaluation of their programs, then discusses Argentina agreements with the agency, its conditionalities, compliance, their effects on growth, inflation and employment, and compares the macroeconomic evolution in times of long, medium and nil stay under said agreements. In the short and medium term, the IMF programs correct the balance of payments, but their repetition affects growth, inflation, employment and social indicators. Este trabajo analiza los efectos de los programas de ajuste del FMI aplicados en la Argentina durante períodos prolongados. Desde su adhesión al organismo en 1956 hasta la suspensión del último stand by en 2004, la Argentina suscribió veintiún acuerdos de condicionalidad fuerte con el FMI. Desde fines de 1982 hasta diciembre de 2001 estuvo continuamente bajo sus programas o procurando su aprobación. Primero, se revisa la literatura sobre el uso prolongado de los recursos del FMI y la evaluación de sus programas; luego se analizan los acuerdos de la Argentina con el organismo, sus condicionalidades y su cumplimiento; sus efectos sobre el crecimiento, la inflación y el empleo; y se compara su evolución en épocas de permanencia prolongada, media y nula bajo dichos acuerdos. En el corto y mediano plazo los programas del FMI corrigen el balance de pagos, pero su reiteración afecta el crecimiento, la inflación, el empleo y los indicadores sociales. Centro de Estudios Históricos Profesor Carlos S. A. Segreti 2011-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/anuarioceh/article/view/23018 10.52885/2683-9164.v0.n11.23018 Anuario del Centro de Estudios Históricos Profesor Carlos S. A. Segreti; Núm. 11 (2011); 17-39 2683-9164 1666-6836 10.52885/2683-9164.v0.n11 spa https://revistas.unc.edu.ar/index.php/anuarioceh/article/view/23018/22774 Derechos de autor 2011 Noemí Brenta
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-307
container_title_str Anuario del Centro de Estudios Históricos Profesor Carlos S. A. Segreti
language Español
format Artículo revista
topic Argentina
FMI
acuerdos de giro
uso prolongado de recursos del FMI
Argentina
IMF
stand by
prolonged use of IMF resources
spellingShingle Argentina
FMI
acuerdos de giro
uso prolongado de recursos del FMI
Argentina
IMF
stand by
prolonged use of IMF resources
Brenta, Noemí
Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs
topic_facet Argentina
FMI
acuerdos de giro
uso prolongado de recursos del FMI
Argentina
IMF
stand by
prolonged use of IMF resources
author Brenta, Noemí
author_facet Brenta, Noemí
author_sort Brenta, Noemí
title Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs
title_short Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs
title_full Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs
title_fullStr Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs
title_full_unstemmed Argentina and the IMF: Economic Effects of Long-Term Adjustment Programs
title_sort argentina and the imf: economic effects of long-term adjustment programs
description This paper analyzes the effects of IMF adjustment programs implemented in Argentina for extended periods. Since joining the organization in 1956, until the last stand-by agreement in 2003, Argentina signed twenty-one agreements of strong conditionality with the IMF. And from late 1982 to December 2001, was continually under its programs or seeking its approval. First, we review the literature on prolonged use of IMF resources and evaluation of their programs, then discusses Argentina agreements with the agency, its conditionalities, compliance, their effects on growth, inflation and employment, and compares the macroeconomic evolution in times of long, medium and nil stay under said agreements. In the short and medium term, the IMF programs correct the balance of payments, but their repetition affects growth, inflation, employment and social indicators.
publisher Centro de Estudios Históricos Profesor Carlos S. A. Segreti
publishDate 2011
url https://revistas.unc.edu.ar/index.php/anuarioceh/article/view/23018
work_keys_str_mv AT brentanoemi argentinaandtheimfeconomiceffectsoflongtermadjustmentprograms
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first_indexed 2024-09-03T20:25:47Z
last_indexed 2024-09-03T20:25:47Z
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