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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Centro de Estudios Históricos Profesor Carlos S. A. Segreti
2011
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| Acceso en línea: | https://revistas.unc.edu.ar/index.php/anuarioceh/article/view/23018 |
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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 |
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2024-09-03T20:25:47Z |
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