TY - BOOK AU - Buera,Francisco AU - Nicolini,Juan Carlos TI - The monetary and fiscal history of Argentina (1960-2017) T2 - Staff report U1 - 338.982 22 PY - 2019/// CY - Minneapolis, MN. PB - Federal Reserve Bank of Minneapolis. Research Division KW - POLITICA MONETARIA KW - 1960-2017 KW - POLITICA FISCAL KW - INFLACION KW - ANALISIS HISTORICO KW - ARGENTINA KW - POLITICA TRIBUTARIA N1 - Bibliografía de la asignatura Política Macroeconómica en Argentina. Licenciatura en Economía (plan 2009), 1er semestre. N2 - In this chapter, we review the monetary and fiscal history of Argentina for the period 1960–2017, a time during which the country suffered several balance of payments crises, three periods of hyperinflation, two defaults on government debt, and three banking crises. All told, between 1969 and 1991, after several monetary reforms, thirteen zeros had been removed from its currency. We argue that all these events are the symptom of a recurrent problem: Argentina’s unsuccessful attempts to tame the fiscal deficit. An implication of our analysis is that the future economic evolution of Argentina depends greatly on its ability to develop institutions that guarantee that the government does not spend more than its genuine tax revenues over reasonable periods of time UR - https://doi.org/10.21034/sr.580 ER -