Devaluation, economic growth and terms of trade: Argentina during 2003-2007

The objective of the paper is evaluating the Argentine post-convertibility economy during the presidency of Néstor Kirchner, 2003-2007 and postulate that there was no a structural change, but an advantage of a highly favorable international situation due to the high terms of trade. The tradable sect...

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Autor principal: Albornoz, Maximiliano
Formato: Artículo revista
Lenguaje:Español
Publicado: Departamento de Historia; Facultad de Humanidades 2017
Materias:
Acceso en línea:http://revele.uncoma.edu.ar/index.php/historia/article/view/1768
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id I22-R128-article-1768
record_format ojs
institution Universidad Nacional del Comahue
institution_str I-22
repository_str R-128
container_title_str Repositorio de Revistas Electrónicas REVELE (UNComahue)
language Español
format Artículo revista
topic Economic history
Terms of trade
Growth
Devaluation
External constraint
Historia económica
Términos de intercambio
Crecimiento
Devaluación
Restricción externa
spellingShingle Economic history
Terms of trade
Growth
Devaluation
External constraint
Historia económica
Términos de intercambio
Crecimiento
Devaluación
Restricción externa
Albornoz, Maximiliano
Devaluation, economic growth and terms of trade: Argentina during 2003-2007
topic_facet Economic history
Terms of trade
Growth
Devaluation
External constraint
Historia económica
Términos de intercambio
Crecimiento
Devaluación
Restricción externa
author Albornoz, Maximiliano
author_facet Albornoz, Maximiliano
author_sort Albornoz, Maximiliano
title Devaluation, economic growth and terms of trade: Argentina during 2003-2007
title_short Devaluation, economic growth and terms of trade: Argentina during 2003-2007
title_full Devaluation, economic growth and terms of trade: Argentina during 2003-2007
title_fullStr Devaluation, economic growth and terms of trade: Argentina during 2003-2007
title_full_unstemmed Devaluation, economic growth and terms of trade: Argentina during 2003-2007
title_sort devaluation, economic growth and terms of trade: argentina during 2003-2007
description The objective of the paper is evaluating the Argentine post-convertibility economy during the presidency of Néstor Kirchner, 2003-2007 and postulate that there was no a structural change, but an advantage of a highly favorable international situation due to the high terms of trade. The tradable sectors led the recovery after the 2002 devaluation, with the automobile sector being the most dynamic industrial block. The period was characterized by twin surpluses - fiscal and commercial - these being one of the strengths of the model. However, the external constraint remained present due to the structural deficit of the industrial balance, the outflow of foreign currency for dividends and profits because of the foreignization of the means of production and the loss of competitiveness due to the resurgence of inflation that eroded the Real exchange rate.
publisher Departamento de Historia; Facultad de Humanidades
publishDate 2017
url http://revele.uncoma.edu.ar/index.php/historia/article/view/1768
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bdutipo_str Revistas
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