Fluctuations of the current account and the causes of the Argentine long run growth slowdown
Tipo de material: TextoDetalles de publicación: Peter Lang; Frankfurt am Main; 2007Descripción: pp. 109-131Tema(s): Clasificación CDD:- 337 E 49681
Publicado en: Trade, integration and institutional reforms in Latin America and the EU / Roland Eisen, ed
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Publicado en: Trade, integration and institutional reforms in Latin America and the EU / Roland Eisen, ed
1. Introduction: the issues -- Long-run economic growth and growth slowdown in the economy open to financial flows -- National and external savings -- CA deficits persistence and the interruption of external savings flows -- 2. Stylized facts of Argentine GDP; secular growth slowdown and a long-run perspective of the 2001 external crisis -- 3. Open economy short-run and long-run growth processes, and CA -- 4. Stylized facts: statistical properties of investment, national saving and the CA empirical estimation: trends of investment, national savings and foreign savings -- 5. Concluding remarks -- References.
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