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> Breaking Bad (the Rules): Argentina Defaults, Inflates (and Grows), 1997-2015

商品編號: 9-714-036
出版日期: 2013/12/04
作者姓名:
Di Tella, Rafael;Miguel, Fernanda
商品類別: Other
商品規格: 34p

再版日期: 2019/08/19
地域: Argentina
產業:
個案年度: -  

 


商品敘述:

In late October 2011, after losing 1 billion of dollar reserves in one month, the Argentine government began imposing a series of currency controls, limiting the ability to buy foreign currency. As of October 2011, Argentina''s tax collection agency AFIP had been granted the power to approve or reject all requests to buy dollars with pesos in Argentina''s banking system. By June 2012, AFIP had removed """"saving"""" as a legitimate explanation. While the official exchange rate was approaching six pesos to the dollar, the black market was demanding almost ten pesos to the dollar-a nearly 65% difference. These were not the first currency restrictions that Argentina had imposed on its citizens.


涵蓋領域:

Business & government relations;Deflation;Inflation;Loan defaults


相關資料:

Case Teaching Note, (5-716-001), 24p, by Rafael Di Tella