- Argentina Product Report: Tea, Yerba Mate, and
Coffee.
After a boom season in 1997/1998, Argentina tea and yerba mate growers were hard hit in 1998/1999 as the country struggles to maintain its economic equilibrium in the face of a recession and the devaluation of Brazil's currency. In August, 1999, Alieto Guadagni, the Argentine Secretary of Trade and Industry ......
- Introduction: Context, Issues, and
Contributions.
IN JANUARY 1999, amid persistent uncertainties stemming from the Asian financial crisis, the Russian default, and the Brazilian devaluation, Argentina's President Menem recommended that his country officially replace the peso with the U.S. dollar. Motivating this proposal was a desire to strengthen the credibility of Argentine monetary arrangements. Although Argentina ......
- Duhalde's dilemma: Argentina in crisis. (Global
Notebook).
Argentina's presidential elections are scheduled for April 27,2003. In theory, the elections represent an opportunity for Argentina to implement the political and economic changes necessary to reverse a four-year-long recession. But the circumstances of the election and the legacy of Eduardo Duhalde's leadership will make progress difficult. The major issue ......
- Dollarization as a monetary arrangement for emerging market economies
Ecuador and El Salvador have recently adopted the U.S. dollar as legal tender, replacing their own national currencies.1 This same move has received serious attention in policy debates in both Argentina and Mexico. Abandoning the national currency is a decision with far-reaching economic and political implications that are not well ......
- Argentine woes cut both ways.
(News).
Argentine oilseed and product trade ground to a halt in the opening weeks of 2002 as economic meltdown forced a 30% devaluation of the peso, ending a decade long 1:1 peg against the US dollar, writes John Buckley. Argentine exporters feared they would be exposed to open-ended deals as their ......
- Stability, volatility, risk premiums, and predictability in Latin American emerging stock markets
HEADNOTE This study investigates the stability. volatility, risk premiums, and persistence of volatility in the standardized 1988-98 exchange-converted US. dollar equity returns of Argentina, Brazil, Chile, Columbia, Mexico. Peru, and Venezuela. All markets, except Argentina, Colombia, and Mexico, have time-varying risk premiums. indicative of risk aversion, and all markets have ......
- Don't blink: The best is yet to come
HEADNOTE Brazil is still lining un credits against volatile odds * By John Waggoner Latin American markets breathed a sigh of relief in August when the IMF agreed to lend $15 billion to Brazil. But the country is iul1. line a complex array of challenges, including an energy crisis, trouble ......